About This Fund
EdR BRIDGE V (Benjamin de Rothschild Infrastructure Debt Generation V) is a €2.5 billion infrastructure debt fund managed by Edmond de Rothschild Asset Management (EdRAM), the Geneva-headquartered asset management arm of the Edmond de Rothschild Group. The fund reached a final close at the end of 2024, nearly doubling the size of its predecessor, BRIDGE IV, which closed at €1.25 billion in 2020. The BRIDGE platform is EdRAM's dedicated infrastructure debt franchise and represents one of the largest specialist infrastructure debt programs in Europe.
BRIDGE V deploys capital across two complementary tranches: a Senior Debt strategy targeting senior-secured infrastructure debt with target yields of approximately 5.5–6.25%, and a Yield Plus strategy providing subordinated and higher-yielding infrastructure debt at 7–9% or above. The fund invests across all infrastructure sub-sectors including energy and utilities, transport, social infrastructure, digital infrastructure, and environmental services, with a predominantly European focus and selective exposure to non-European OECD countries. All investments are managed with an integrated ESG framework and are classified as Article 8 under the EU Sustainable Finance Disclosure Regulation (SFDR).
LGPS Central, the UK local authority pension asset pool representing eight Midlands councils, served as a significant anchor investor and the fund's first UK LGPS investor, reflecting growing institutional appetite for infrastructure debt as a portfolio diversifier. Other investors include pension funds and insurance companies from the United Kingdom, continental Europe, and Asia. A successor fund, BRIDGE VI, has already been launched by EdRAM following the successful close of BRIDGE V.