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.
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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