Nuveen Infrastructure markets €105m European credit portfolio packed with SRTs
- Celeste Tamers
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Nuveen Infrastructure, Nuveen’s platform dedicated to investing in private infrastructure, is marketing a portfolio of European credit investments including several significant risk transfer trades.
The sale comes after several of Nuveen’s infrastructure debt professionals, who joined the firm as part of its acquisition of Glennmont Partners, left to join Golub Capital late last year.
The total outstanding notional of the investments in the portfolio up for sale is around €105m, given that the investments in the portfolio have partially amortised.
The portfolio includes SRTs issued by NatWest, Intesa Sanpaolo and Sabadell along with other exposures to project finance and infrastructure loans.
The portfolio sale is being marketed with the help of Akereos Capital, a boutique investment banking firm.
Nuveen declined to comment and Akereos did not reply to requests for comment.