.jpg "Oaktree opens office in Sydney")
Byron Beath’s local presence will help the distressed investment specialist to target the growing Australian market.
The UK platform is bulking up its senior team little more than a month after being given the green light to become a direct manager.
The $1.7bn loan is the largest project financing to date in Japan.
The $32bn pension fund has tapped Karl Polen, until now head of private markets, to serve as its new investment chief following the departure of Gary Dokes.
The European firm is said to be working on appointing sell-side advisers as it gears up to divest its interest in the oil storage group.
The German fund manager’s new vehicle will invest 75% of capital raised in unlisted funds, with the remainder channelled to direct investments.
The Australian lender, which hoped to sell the fund manager for more than A$500m, is said to have received bids that were far below its expectations.
The New York-based firm is more than halfway towards meeting its final target of $300m.
Sean McLachlan joins the insurer’s asset management arm from Balfour Beatty at a time when the firm seeks to grow its yield-focused investment offering.
The three Canadian pension funds acquiring the 7.8-mile toll road have reached the milestone within three months since the $2.8bn transaction was announced.
The Dutch fund manager has bought majority stakes in the M3 and M4 via its penultimate fund, which is now fully deployed.
Commitments by the Strathclyde Pension Fund and the Ireland Strategic Investment Fund helped propel the renewables developer to its hard-cap.
The €100m vehicle is expected to be invested in road and hospital PPPs across the country.
The decision deals a blow to a consortium led by Macquarie and bcIMC that was looking to acquire the electric utility for close to $5bn.
The Luxembourg-based firm is aiming to hit the milestone with between €400m and €500m in commitments from European and North American investors.