Mitsubishi UFJ Financial Group (MUFG), a company in financial services, and asset management firm DWS Group launched a new venture designed to enhance their respective capabilities in underwriting and distributing infrastructure and alternative credit investments. The parties are initially targeting $1 billion of infrastructure and project finance transaction volume per year.

“The alliance with DWS highlights MUFG’s commitment to delivering tailored capital and advisory solutions that meet our clients’ evolving needs in energy transition and the expanding digital infrastructure sector,” Erik Codrington, head of project finance – Americas for MUFG, said.

“Our collaboration with DWS, a global asset manager, strengthens our ability to deliver impactful financing and distribution outcomes for our global project finance and infrastructure clients,” Art de Peña, head of international private side distribution at MUFG, said.

“This venture underscores MUFG’s commitment to fostering trusted and collaborative relationships with clients and investors, which are fundamental to driving transformative and effective financing solutions for all parties involved,” Anja Sharma, managing director in capital markets at MUFG, said.

“We are excited to deepen our relationship with MUFG, a recognized market leader in infrastructure finance, and look forward to designing financing solutions tailored to meet institutional market demands,” Jonathan Newman, head of U.S. infrastructure debt at DWS, said. “Leveraging the asset class knowledge, origination capabilities and institutional relationships of both firms, we look forward to creating value for clients and supporting subsectors critical to economic growth.”