Contingent on salary negotiations, former Commissioner of Alaska’s Department of Revenue Angela Rodell will serve as the fund’s new boss.
The US-based asset manager has agreed to pay $490m for a natural gas-fired power station from local utility Entergy.
BAE Systems’ pension fund achieved a high price for its stake in DeAWM-managed RREEF Pan-European Infrastructure Fund, according to a source close to the deal.
Moody’s is predicting traffic growth in sectors including toll roads, although low inflation will keep a lid on charges.
The Sydney-based fund manager has appointed David Kenny within its Australian and New Zealand infrastructure equity funds team.
The emerging market fund manager has teamed with Indian conglomerate Aditya Birla to co-invest $1bn in India’s renewables sector.
The Canadian-based firm launched the vehicle more than two years ago with a $2bn target.
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Having built a track record in Europe and the Middle East, the London-based placement agent has opened a New York outpost to take on North America.
The transaction is the first investment made by the Australian firm's debut infrastructure fund, which reached a A$1bn first close last August.
This is the 12th outpost for the Paris-based firm, which is building a local team to focus on private equity, infrastructure and private debt investments.
With about eight investors set to back the vehicle, the French firm is aiming to conclude its investment in a 30MW Senegalese power project by December.
.jpg "Triple hire for BBIP in US and UK")
The fund manager has added two new team members to its ranks in New York and one in London as it invests its debut fund.
The New Zealand funds have divested their combined 30% holding in petrol retailer Z Energy, making handsome returns in the process.
The Ministry of Finance is set to establish an infrastructure fund to cover the projects, which have a combined investment value of $5.5bn.
The alternative asset manager has begun marketing its first infrastructure vehicle that will be managed by Ian Schapiro and members of the Highstar team.