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Chamonix Partners Launches Groundbreaking Project Finance CLO

On March 20, 2026, Chamonix Partners Capital Management celebrated a significant milestone by launching its inaugural project finance Collateralized Loan Obligation (CLO), with an impressive total value of $306.8 million. This strategic initiative, named Chamonix Infrastructure Funding I, LLC (CPIF 2026-1A), is primarily focused on financing infrastructure projects in emerging markets.

Key Features of the CLO

The CLO is backed by approximately $304 million worth of loans targeted at infrastructure development. These loans have been sourced from Natixis Corporate Investment Banking (Natixis CIB), a prominent player in the global financial services sector. This collaboration marks a commitment from both Chamonix and Natixis to unlock vital funding resources to bolster infrastructure projects worldwide.

The project aims to create a special purpose vehicle (SPV), designed specifically to retain these loans and facilitate the issuance of four distinct classes of rated notes. With the geographical diversification of the underlying projects, Chamonix is set to make valuable contributions across four major regions—South America, North America, Asia, and the Indian subcontinent.

Enhanced Capital Market Access

Chamonix's strategy entails the establishment of a scalable securitization platform, seeking to broaden access to capital markets while simultaneously attracting substantial investment from the private sector. This ambitious endeavor underscores the potential for private sector participation in both developed and emerging market infrastructure projects, fostering economic growth and development.

Michael Sierko, CEO of Chamonix, expressed enthusiasm about the launch, emphasizing the importance of this CLO in sourcing private credit and infrastructure assets for customers. This endeavor is not only set to provide value-driven solutions for investors but is also aimed at facilitating sustainable infrastructure development globally.

A Powerful Synergy

The partnership with Natixis CIB has proven instrumental in the successful structuring of the CLO. By merging Chamonix's asset management expertise with Natixis CIB's robust infrastructure financing capabilities, both entities stand to benefit. Marc Denjean, Global Head of Credit Portfolio and Resource Management at Natixis CIB, highlighted how this transaction signifies the powerful synergies between their leading franchises in infrastructure and securitization.

Denjean noted that the CLO will give institutional clients enhanced access to critical infrastructure assets, thereby addressing current funding gaps within the industry. Nasir Khan, Head of Real Assets and Global Trade Americas at Natixis CIB, congratulated the teams involved, stating that this significant transaction allows for the recycling of capital, which is intended to be quickly redeployed to meet customer demands.

About Chamonix Partners

Chamonix Partners Capital Management, established in 2014 and re-registered in 2022, is an investment advisory firm specializing in the active management of private credit assets for institutional clients. A subsidiary of Natixis CIB, Chamonix focuses on discovering and leveraging opportunities within the private debt landscape, paying particular attention to infrastructure and real asset private debt. The firm's reputation as a leader in infrastructure finance solidifies its capability to provide innovative solutions in a rapidly evolving market.

Through this inaugural CLO, Chamonix reaffirms its commitment to fostering infrastructure development on a global scale, addressing both financing needs and investor demand. The launch not only signifies an essential stride towards improving capital access but also fosters collaboration between innovative investment management and strategic financing initiatives.