The manager has added to its portfolio for a debut fund which is targeting โฌ300m.
The infrastructure conglomerate intends to retain its current 25% stake, despite selling nearly 9% of the airport group to USS last week.
The private equity firm has sold an indirect stake in Astoria II, a natural gas power plant in Queens, to Gulf Pacific Power.
The four fresh hires will be based in Houston, the US private equity firm's newest office.
The vehicle, which had a target of ยฃ200m, will use the proceeds to buy eight UK projects with a 145.4MW combined capacity.
An OECD report finds that while large pension funds increased allocations to infrastructure between 2010 and 2012, the change was incremental.
Shares of Riverstoneโs first listed vehicle, which had an initial target of ยฃ1.5bn, dropped 5% in the grey market yesterday.
CapAsiaโs Johan Bastin identifies the investment characteristics of the region โ and how it compares with China and India.
Terry McCredden, former CEO of Australia's $40bn Unisuper, is the latest recruit to join the infrastructure debt manager's investment team.
Long-term investors are attracted to airports such as Heathrow โ even though theyโre not an obvious match.
ย Although there is no correlation between the fundraising levels in each quarter, fundraising in 2013 looks set to surpass the levels of the previous three years.ย ย ย
The fresh capital pledge is the second major commitment received by the Australian fund manager from a UK pension in the last two years.
The Australian asset manager has hired a former director from Ferrovial to help expand its transport business.
The move by the US billionaire, now the second-largest shareholder in FCC, comes as the Spanish builder forges ahead with its restructuring plans.
The UK pension has made its largest infrastructure investment in the country to date, handing Ferrovial ยฃ392m.












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