CIBC unveils private debt pool for institutional investors

The bank is offering a new product focused on infrastructure and power sectors

CIBC unveils private debt pool for institutional investors
CIBC unveiled its new product offering for institutional investors who are hungry for unrated private securities in the sectors of infrastructure and power.

Dubbed as the CIBC Long-Term Private Debt Pool, the new offering was established to meet the needs of investors looking for contracted cash flows that align with their liabilities.

According to CIBC managing director & head for institutional asset management Doug MacDonald, the new product promises a potential for an improved yield without incremental credit risk.

"Institutional investors continue to search for ways to enhance their fixed income portfolios," MacDonald said.

He said investors who are seeking investment in the infrastructure sector are those who are on the prowl for stable returns through contracted cash flows. He also stated that infrastructure investing is about minimizing management and operational risks.

"These cash flows can help institutions invest their assets to better match long-term liabilities," he said.

CIBC claims to have a robust and established credit research process. MacDonald cited that the firm's long-term relationship with those in the private debt playing field enables its client to access and benefit from fixed income investments without having to worry about risks.

"By focusing on unrated infrastructure and power private securities, we believe that our approach to private debt best addresses the needs of institutional clients," MacDonald concluded.


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