Stonebridge Financial Corporation (“Stonebridge”) is very pleased to announce the launch of Stonebridge Infrastructure Debt Fund II L.P. (“Fund II”) with initial capital commitments totaling approximately $201.5 million.

Stonebridge Financial Corporation (“Stonebridge”) is very pleased to announce the launch of Stonebridge Infrastructure Debt Fund II L.P. (“Fund II”) with initial capital commitments totaling approximately $201.5 million.

Inspired by the overwhelming success of our first Fund, Fund II will be open-ended for a period of up to 10 years.  The initial capital commitment is provided by a number of Canadian institutional investors including pension funds, insurance companies and the Business Development Bank of Canada. Fund II, like its predecessor, has an investment objective to invest in long term, fixed rate, senior debt financings for the purpose of the construction, operation, ownership or maintenance of infrastructure assets that include, but are not limited to:

Social infrastructure: which includes, among other things, hospitals, long-term care facilities, schools, universities, correctional facilities, courthouses, subsidized housing, community centres, recreational facilities, roads, bridges, airports, mass transit and water and waste management systems, and;

Energy infrastructure: which includes, among other things, public or private producers of non-merchant based energy, pipelines, transmission and distribution lines.

“Stonebridge is very proud to be launching Fund II to again enable Stonebridge, as fund manager, to leverage its market expertise, experience and relationships to generate high quality, predictable investment cash flow and returns that are well suited for long-term, liability-driven investors. Stonebridge believes that private infrastructure debt is an ideal asset class for providing institutional investors with incremental yield, portfolio diversification, credit enhancement and liability matching characteristics not otherwise available in the public fixed income market.” said Robert Colliver, Co-CEO and Partner of Stonebridge.

“Our participation in this second Fund will increase senior debt availability for entrepreneurs developing smaller projects within the Canadian infrastructure ecosystem,” said Yvon Jeghers, Senior Vice President, Corporate Financing at BDC.

“La Capitale Financial Group Inc. is pleased to partner with Stonebridge and participate in its second debt fund in Canadian infrastructure”, said Mr. Michel Lévesque, Vice-President, Investments. “With over 15 years experience in this market, Stonebridge is for us a partner of choice in our search for quality investment opportunities.”

Stonebridge also manages Stonebridge Infrastructure Debt Fund I L.P. (“Fund I”), a closed-end fund established with the support of PPP Canada Inc. in 2012. With total capital commitments of $201.5 million, Fund I was fully invested in less than 15 months in 12 unique social infrastructure and energy debt transactions.

Stonebridge is an independent financial services company with proven expertise in arranging and structuring debt financings for syndication in the Canadian institutional marketplace, with a focus on the energy and social infrastructure sectors. Stonebridge was founded in 1998 with the support of three major Canadian life insurance companies, with a view to establishing a reliable origination vehicle for high quality private debt investment opportunities and portfolio administrative services. Today, those institutions remain as minority preferred shareholders of Stonebridge and continue to be key loan syndication relationships.

Stonebridge is pleased to announce that Angela Valdes Loyola has joined the portfolio administration team

Stonebridge is pleased to announce that Angela Valdes Loyola has joined the portfolio administration team as a Credit Analyst- Relationship Officer.

Angela recently graduated from her MBA at the University of Ottawa – Telfer School of Management and brings with her several years of international experience in corporate finance including over 3 years in corporate banking.  In addition to her MBA, Angela holds a bachelor and a master’s degree in Finance.

In joining Stonebridge Angela will complement an existing team of financial professionals and will be a valuable resource in  our continued effort to provide high quality and trusted portfolio administrative services.

Stonebridge is pleased to announce that Serge Yannick Ouattara has joined the portfolio administration team

Stonebridge is pleased to announce that Serge Yannick Ouattara has joined the portfolio administration team as a Credit Analyst- Relationship Officer.

Serge Yannick has worked in the financial market industry for several years, most recently working in project finance for a Canadian renewable power company.

He holds a Bachelor of Commerce from John Molson School of Business, at Concordia University and is currently pursuing the Chartered Financial Analyst (CFA) designation.

In joining Stonebridge Serge Yannick will complement an existing team of financial professionals and will be a valuable resource in our continued effort to provide high quality and trusted portfolio administrative services.

Stonebridge Financial Corporation is pleased to announce a new strategic partnership with Aon Risk Solutions

Stonebridge Financial Corporation is pleased to announce a new strategic partnership with Aon Risk Solutions, a leader in the performance security space.

As governments and public agencies continue to look to alternative delivery models, including public-private partnerships (P3s) and design-build-finance to fund infrastructure projects the traditional risk tools of the construction industry are no longer sufficient to allow contractors to compete in the new construction environment.

Stonebridge has teamed with Aon Risk Solutions to help our lenders better understand the many performance security alternatives available through Aon Risk Solutions, each designed to satisfy the liquidity security requirements of the lender while allowing contractors to stay competitive and more effectively manage their balance sheet. Through its strategic partnership with Stonebridge, Aon Risk Solutions can now offer its clients access to Stonebridge’s well structured financing solutions arranged through our network of life insurance companies, pension funds, and bank investors or directly through our Stonebridge Infrastructure Debt Fund.

For years, Stonebridge and Aon Risk Solutions have been active participants in the P3 and project finance market in Canada. Through this strategic relationship we can now offer our clients pursuing opportunities in this emerging asset management space,  the tools and the financing expertise to be competitive.

Stonebridge Financial Corporation is a specialized financial services company with a proven reputation and expertise in arranging and structuring debt financings for syndication in the Canadian institutional marketplace, with a focus in the energy, infrastructure, and health care sectors.

Aon Risk Solutions is a leader in the performance security market and offers design performance security tools that allows contractors to effectively compete on projects delivered under these new procurement models.

For further information, please contact:

Denis Bourassa
Partner & Co-CEO
Stonebridge Financial Corporation
20 Adelaide Street East, Suite 1201
Toronto ON M5C2T6
Work: (416) 364-3001 ext. 225

Email: dbourassa@stonebridge.ca
Web: www.stonebridge.ca

David Bowcott
National Director – Large Strategic Accounts
Aon Reed Stenhouse Inc.
20 Bay Street
Toronto, ON M5J 2N9
Work: (416) 868-5909

Email: david.bowcott@aon.ca
Web: www.aon.com/canada

 

Stonebridge is proud to be a Silver Awards Sponsor at the 22nd Annual CCPPP Conference on Public-Private Partnerships

Stonebridge is proud to be a Silver Awards Sponsor at the 22nd Annual CCPPP Conference on Public-Private Partnerships to be held at the Sheraton Centre Toronto Hotel in Toronto on November 3&4, 2014.

This marks the 7th consecutive year that Stonebridge has served as a Sponsor of the event. “We  are proud of our continued sponsorship relationship with the Canadian Council of Public-Private Partnerships. This annual P3 event is an unique opportunity for Stonebridge to showcase our financial services to participants from all levels of government and a wide range of private sector professionals .” stated Denis Bourassa, Partner and Co-CEO of Stonebridge Financial Corporation.

The Annual CCPPP National Conference is now recognized as the premier event on public-private partnerships (P3) in the world. It began in 1992 and has since grown to include over 1,200 senior public and private sector participants, making it the largest annual gathering of P3 decision-makers.

The Annual CCPPP event attracts a wide range of participants from the public sector at the municipal, provincial, territorial and federal levels across Canada as well as aboriginal communities and represent a cross-section of P3-related professions, including law, finance, construction, engineering, project management, architecture, consulting, communications, real estate development and building services.

Omer Malik, Vice President, Project Finance- Infrastructure to speak at 9th annual Western Canadian Innovation in Infrastructure Finance Forum in Banff, Alberta

Omer Malik, Vice President, Project Finance- Infrastructure will be participating as a guest speaker at the 9th annual Western Canadian Innovation in Infrastructure Finance Forum in Banff, Alberta on July 10, 2014. Omer will be speak at “A shift in the balance: Sponsor-lender relationships examined” session taking place at 11:30AM on July 10th.

Stonebridge is proud to be a Bronze Sponsor at the event that  covers the major issues facing the Western Canadian provinces in the financing of transport, healthcare, government accommodation, municipal, water, waste and social infrastructure.

Omer Malik joins Stonebridge

Stonebridge is pleased to announce its new Project Finance – Infrastructure team led by Omer Malik who will be joining Stonebridge on April 22nd as Vice President, Project Financing – Infrastructure, with a focus on business development and the structuring, syndicating and closing of new infrastructure based lending opportunities in the institutional market.

Omer brings to Stonebridge nearly 15 years of financial services industry experience gained in a number of increasingly progressive positions held with several Canadian banks and DBRS. Prior to joining Stonebridge, Omer held the position of Senior Director, Project Finance – Private Fixed Income, with Sun Life Financial, where he was responsible for the management of a portfolio of power and infrastructure/P3 private debt investments

Tetyana Lymar, Director, Project Financing – Infrastructure, completes the team. Tetyana joined Stonebridge last fall to develop new project finance opportunities, primarily in the infrastructure – health sector, and to structure, syndicate and close these transactions in the institutional market. Tetyana has over 10 years of lending experience earned at one of the major Canadian banks, where she held several managerial positions in retail and commercial banking.

With this new team, Stonebridge continues to build on its success and reputation for bringing high quality, well-structured infrastructure transactions to the market.

 

Sanjeet Shahi joins Stonebridge

Stonebridge is pleased to announce that Sanjeet Shahi has joined the team as an Accounting Officer.

Sanjeet brings to Stonebridge several years of accounting experience with the State Street Corporation.He holds a Certified Management Accountant designation and a Bachelor of Commerce from the Ryerson University.

In joining Stonebridge Sanjeet will complement a strong team of financial professionals and will be a valuable resource in our continued effort to provide high quality and trusted portfolio administrative services.

Stonebridge is proud to be a Silver Awards Sponsor at the 21st Annual CCPPP Conference on Public-Private Partnerships

Stonebridge is proud to be a Silver Awards Sponsor at the 21st Annual CCPPP Conference on Public-Private Partnerships to be held at the Fairmont Royal York Hotel in Toronto on November 7-8, 2013.

This marks the 6th consecutive year that Stonebridge has served as a Sponsor of the event. “We  are proud of our continued sponsorship relationship with the Canadian Council of Public-Private Partnerships. This annual P3 event is an unique opportunity for Stonebridge to showcase our financial services to participants from all levels of government and a wide range of private sector professionals .” stated Denis Bourassa, Partner and Co-CEO of Stonebridge Financial Corporation.

The Annual CCPPP National Conference is now recognized as the premier event on public-private partnerships (P3) in the world. It began in 1992 and has since grown to include over 1,200 senior public and private sector participants, making it the largest annual gathering of P3 decision-makers.