Non-investment grade infra credit can capitalise on mega-trends

Nuveen’s Don Dimitrievich discusses opportunities within infra credit

How would you describe the evolution of alternative credit as an asset class over the past decade, and how has that driven the growth of non investment grade infrastructure credit as a strategy?

Having watched the growth of private credit over the past 15 years, and the way in which regulation impacted bank lending on the corporate side post-GFC and created an opportunity for alternative capital, it is interesting to see a similar trend now happening in non-investment grade infrastructure credit. As infrastructure demand continues to grow, driven by several factors, there is a huge opportunity set opening up.

Capital requirements to fund the infrastructure needed for global energy transformation and digitalisation will be unprecedented. We tend to divide the growth drivers around power demand into four categories.

Read the full interview here.