Building a bridge between global institutional investors and the fragmented opportunity set across the US in:

  • Infrastructure

  • Municipal

Foundation Credit is a leading alternative asset manager dedicated to the multi-trillion dollar municipal credit and infrastructure debt markets in the United States.

We are a credit-focused firm dedicated to sourcing, organizing and delivering attractive investment opportunities arising from the recurring inefficiencies found across the highly fragmented and undercapitalized US municipal credit and infrastructure debt markets. We manage capital for institutional investors including pensions, endowments, foundations, insurance companies, family offices and sovereign wealth funds.

What we deliver

  • Absolute Returns
  • Uncorrelated Performance
  • Scalable Investments

How we get there

  • Diverse Underlying Assets
  • Subject Matter Experts
  • Robust Institutional Platform

Our Investment Strategies

Our strategies apply a rigorous investment process, leveraging a complementary team of seasoned subject matter experts in US infrastructure and municipal credit. We navigate nuanced, diverse and bespoke markets that are difficult to understand for outsiders. All of our strategies incorporate the firm's ESG implementation policy and our infrastructure debt strategy specifically maps each investment to the corresponding UN SDGs. The aim is results that are scalable, uncorrelated and deliver consistent absolute returns across economic cycles.

Foundation Credit Opportunities ("FCO")

Our municipal credit strategy focused on absolute return with an unconstrained mandate across US public finance for Relative Value, Structured Credit, Idiosyncratic Credit, and Distressed opportunities.

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Foundation Infrastructure Opportunities ("FIO")

Our infrastructure debt strategy uses patient capital to generate high current income and strong capital appreciation with downside protection available in large, underserved corners of the local US infrastructure market.

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Our People

Our team of diverse subject matter experts creates a collaborative, professional culture with a broad perspective derived from over 125 years of experience and a demonstrated ability to customize solutions for sophisticated investors.

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Our Firm

Foundation Credit was founded in 2012, as FCO Advisors, with a vision to attract sophisticated institutional investors to segments of US credit markets that facilitate the provision of essential services and public infrastructure. These large but fragmented markets underpin the foundations for the economic growth, civic engagement and access to opportunity that enable local communities to thrive.

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