BRIDGE V
Fund Profile
Fund Description
BRIDGE V is an infrastructure investment vehicle managed by Edmond de Rothschild Asset Management. It continues the manager's debt strategy. The fund focuses on energy transition assets, as defined under the French government’s Energy and Ecological Transition for Climate Label (TEEC). The label covers a broad range of asset types, and allows for investments in sectors such as: renewables energy, social infrastructure, telecoms, and transport.
The fifth vintage of EDRAM’s infrastructure debt platform comprises a mix of collective funds and dedicated funds
- €1.9 billion – senior debt strategy
- €600 million – yield plus
The fund was launched in 2020 and has a target size of around €1 billion. It reached €1.2 billion ($1.3bn) in October 2021 and then an interim close at €1.5 billion ($1.74bn) in November 2021. In March 2022 it hit €2 billion ($2.2bn). The fund held a final close in April 2023 €2.5 billion ($2.7bn).
Its predecessor Benjamin de Rothschild Infrastructure Debt Generation IV closed with €1.25 billion in LP commitments in February 2020.
The fund’s core investor base is from Germany, France, Belgium, Switzerland, Spain, Italy, Austria, Slovakia and South Korea.