Toronto-Dominion Bank's (TD) TD Asset Management said Monday it has closed the first loan in its TD Greystone Global Private Credit Fund.
The fund is integrated into the TD Greystone private markets platform, which manages 42.4 billion Canadian dollars ($30.18 billion) of assets, the company said.
The fund's goal is to provide returns for investors across direct lending, real estate debt, infrastructure debt and specialty finance markets, the company said, adding the first deal was from an existing relationship in the infrastructure sector.
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