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- Sequoia Economic Infrastructure Income is considering a further capital raise
Sequoia Economic Infrastructure Income has announced that, “in light of the continued attractive investment environment and a growing number of opportunities in the economic infrastructure debt market, the Board of the Company is considering raising additional capital through the issuance of C Shares”. The Company says that it has deployed over 95% of the proceeds that it raised, both at its IPO in March 2015 and subsequently through the issuance of c-shares in November 2015, and that its investment adviser has identified a sizeable pipeline of near term investment opportunities. However, the company also says that any such capital raise, including its timing and size, will be subject to prevailing market conditions and that further details will be announced in due course.
Sequoia Economic Infrastructure Income is considering a further capital raise : SEQI
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