staging

Fundraising

The Public Officials Benefit Association of South Korea will invest A$60m in the A$1.5bn vehicle, which is due to reach a second close this month.
The transaction forms part of NTPC's plans to issue $4bn of medium-term notes to fund its solar and wind projects in India.
Asiaโ€™s largest oil refiner is looking for no more than 15 investors who could each inject at least $150m into its Sichuan-to-Shanghai project.
StepStone tapped its latest secondaries fund to acquire George Kaiser Family Foundationโ€™s entire stake in the six-asset vehicle.
The French fund manager has bought out partner Ascendi to get full ownership of Portugalโ€™s second-largest motorway network, spanning 850km.
The New Zealand firm's latest PPP fund is part of a consortium that will undertake the 18.5km Puhoi to Warkworth project in the Northland.
The Toronto-based firm, 'taking a contrarian view' on Brazil, also has its sights on power transmission assets in the South American country.
Germany's Fraport has reduced its holding in Pulkovo Airport to 25%, divesting 10.5% to the Qatari sovereign fund.
The UK telecoms group, whose largest owners are CPPIB, Macquarie and IFM, is in the process of shedding assets to refocus on its infrastructure business.
The Wellington-based vehicle, which is investing in the project alongside a super fund, expects more such assets to come to market in the near future.
The $300m merger will result in the formation of one of the largest urban and infrastructure consultancies in Asia.
The $50m project award comes a day after the Madrid-based developer said it will focus on businesses and geographies in which it has a proven competitive advantage.
The investment management giant has hired a veteran of private equity and infrastructure investing in Rotterdam.
The New York-listed company will merge with a rival in a transaction backed by its founder and Chinese investment firms.
The Fiji National Provident Fund has made its maiden investment in the region by committing $50m to the IFC Asset Management-run vehicle.
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