(Dow Jones) Banco Bradesco SA, one of Brazil’s largest banks, is planning to raise two private equity funds to invest in infrastructure, the first time it will take money from clients for this type of investment.

“We will launch two private equity funds, one exclusively to invest in companies linked to infrastructure projects and the other with a mix of investments,” said Denise Pavarina , one of the bank’s top executives, with responsibility for Bradesco ‘s private equity, private banking and asset management units.