Fengate Capital Management launches US$180 million infrastructure fund with Korean institutional investors

On June 2, 2015, Fengate Capital Management announced the launch of a US$180 million infrastructure investment fund with KB Asset Management, the investment arm of KB Financial Group, a leading financial institution in Korea that will target infrastructure assets such as roads, hospitals and renewable energy in Canada and the United States. The investors in this fund are Public Officials Benefits Association, Dongbu Insurance, Heungkuk Life Insurance, Hyundai Marine and Fire Insurance, and Lotte Insurance.

Fengate Capital Management is an asset management firm in the alternatives sector specializing in the management of customized infrastructure and real estate investment funds for institutional clients. The Firm has approximately $2 billion in assets under management with expertise in infrastructure, commercial real estate and seniors housing. With significant experience in public-private partnerships, independent power projects and real estate developments, Fengate Capital targets high quality investments across North America and select international markets. Since 2007, Fengate Capital has been recognized as one of " Canada's Best Managed Companies".

Further information can be found on Fengate Capital's website.