Private-sector financier with a public remit
Temasek-backed Clifford Capital is in talks with the govt to develop infrastructure debt as an asset class here to institutional investors.
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CLIFFORD Capital is leading discussions with Singapore government agencies to develop infrastructure debt as an asset class here.
The Temasek-backed structured finance company has been contributing ideas to the Government on how to set up an infrastructure debt takeout facility that will enable institutions to invest in long-term infrastructure debt instruments, while giving banks an avenue to recycle their infrastructure project finance loan book.
In an interview with The Business Times, CEO Clive Kerner said: "The thinking here is that with increasing banking regulation, it is going to be harder over time for banks to do the long-term lending that is needed to make infrastructure projects viable.
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