The latest news in investment offerings, financial products and other services relevant to wealth advisors and their clients.

AlbaCore Capital Group, MUFG Bank, Mitsubishi UFJ Trust and Banking Corporation 
AlbaCore Capital Group, MUFG Bank and Mitsubishi UFJ Trust and Banking Corporation (aka Trust Bank) are partnering to provide access to UK and European infrastructure debt.

The platform will launch investment-grade and high-yield investment strategies, the groups said in a statement. It will use MUFG Bank’s global project finance origination capabilities and the mid-market origination expertise and track record of AlbaCore’s infrastructure debt investment team, as well as the fundraising and investment management capabilities of AlbaCore and the other parties.

The move is an example of infrastructure, with its ability to generate income and hedge inflation risk, acting as an asset class that has attracted wealth and private banking attention in recent years.

AlbaCore, which has secured seed funding from the Trust Bank, will launch a new high-yield infrastructure credit strategy. The strategy will invest in uni-tranche, holding company and junior credit investments in infrastructure.

“For MUFG, this partnership reinforces its global leadership position and innovation in infrastructure project finance adding a new external distribution channel for structured finance deals while creating supporting internal architecture for its award-winning global structured finance business,” the groups said.