HSBC Asset Management has launched the first vintage of its Global Transition Infrastructure Debt strategy, designed to provide investors with opportunities to finance infrastructure projects that support the transition to net zero. The strategy has already secured over $240 million in client commitments.
The fund will focus on lending to infrastructure projects and companies in sectors like renewable energy, energy efficiency, and clean industry. Targeting mid-market borrowers in investment-grade countries across Europe, North America, and the APAC region, the fund will prioritize investments contributing to greenhouse gas emissions reduction and the global net-zero goal by 2050. Key sectors include renewable energy, critical minerals, electricity storage, and carbon capture and storage.
HSBC AM’s investment team will also engage with borrowers annually to assess their ESG commitments and net zero progress. Scott McClurg, Head of Private Credit at HSBC AM, emphasized the critical role of infrastructure investment in the transition to a sustainable global economy, highlighting the strategy’s potential to deliver strong returns while supporting climate goals.
