RIN II Ltd., an exempted company in the Cayman Islands, is a new investment fund managed by RREEF America L.L.C., a subsidiary of Deutsche Asset Management. The fund aims to generate attractive risk-adjusted returns by investing in private infrastructure debt. It follows a strategy similar to its predecessor, RIN I, which invested approximately $450 million across 38 Obligors. RIN II will be funded by equity capital from Preferred Shares and debt financing, targeting an equity IRR of 12%-15%. The fund plans to accumulate a portfolio of at least $375 million during an 18-month ramp-up period, with a target principal balance of $500 million. The document outlines the fund's structure, investment strategy, and risk retention requirements.
doj/DataSet10/EFTA01386813.pdf
{"title":"RIN II Ltd. Executive Summary","key_people":["RREEF America L.L.C."],"document_date":"February 2018","document_type":"financial","key_locations":["Cayman Islands"],"document_subtype":"investment fund summary","key_organizations":["RIN II Ltd.","RREEF America L.L.C.","Deutsche Asset Management"]}