Clifford Capital invests in India's Continuum via MAS' blended finance fund

Cyril Dissescou has previously been a senior executive at Nexif Ratch Energy and BNP Paribas.

The Bayfront IX $802m issuance shows that investor appetite for infrastructure debt is strong in Asia and globally.

Bayfront VIII has a portfolio of 44 project finance and infrastructure loans and bonds across 40 obligors based in Asia Pacific, Europe and the Americas.

Across four tranches, it the Singapore firm's inaugural Australian issuance and continues the infrastructure platform's fundraising momentum with its largest private placement.

The offerings attracted public sector institutions, banks, asset managers, corporates and private banks, with particularly strong participation from Asia.

It is the group's largest public IABS issuance to date and its first in the Rule 144A/Reg S format with US onshore investors involved. Clifford Capital's group CEO told FA the deal "reflects the growing interest and appetite in infrastructure returns from institutional investors".