KB Insurance Co., Ltd. and Natixis S.A. have signed a partnership agreement to co-invest in infrastructure and aviation debt originated by Natixis.

Under the terms of the agreement, signed on Monday 11th April 2016, KB Insurance targets to invest USD 400 million over three years into this asset class.

This is the fifth such agreement signed by Natixis with institutional investors across Europe and Asia, as part of the bank’s pioneering model to open the infrastructure and aviation debt asset class to non-bank financial institutions on a large scale. It demonstrates the increasing financing disintermediation.

Clifford Chance advised Natixis S.A. and KB Insurance Co. with Jonathan Lewis (partner), Julien Rocherieux (counsel), Guillaume Massole (lawyer) and Sara Somogyi (lawyer).