staging

Fundraising

The UK fund manager has paid $450m for Beacon Rail, in a deal that also saw the company order an additional 25 locomotives.
Andrew McNaughton, who had only been in the role for just over a year, has left the UK developer with immediate effect.
The Canadian private equity firm appointed Jackie Forrest as vice president of its energy research team.
Investecโ€™s infra division signed two energy-focused credit facility deals, both involving US fund managers.
The New York retirement system has committed $300m to IFMโ€™s Global Infrastructure Fund and $200m to First Reserve Energy Infrastructure Fund II.
The transaction is part of the overall acquisition of Scottish Widows Investment Partnership by the ยฃ320bn asset manager.
The UK solar fund, which completed its ยฃ85.6m IPO last month, is targeting ยฃ750m over the next three to five years.
The proceeds will be used to acquire additional assets for the social infrastructure fund, which is now invested in assets worth around $1.2bn.
Highly successful recent auctions will help Australian states drive through privatisation programmes.
The construction of the 60km stretch of road will involve more than โ‚ฌ300m of debt provided by Bank of Ireland, the EIB, Natixis and Sociรฉtรฉ Gรฉnรฉrale.
The London-based developer will provide 70% of the equity involved in the $320m hospital deal.
The German fund manager has now committed around โ‚ฌ200m to six investments in Germany, the UK, Ireland and France.
A fund managed by Hastings Funds Management has teamed with China Merchants to win the long-term lease in a A$1.75bn deal.
The average size of unlisted infrastructure funds has been increasing since 2011.
Mahmood Hashim Al Kooheji, chief executive of the Gulf-based investor, will join the Russian fundโ€™s board of international advisors.
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