Montreal-based fund manager Axium Infrastructure received a $125 million commitment to its US-focused vehicle from the Ohio Police and Fire Pension Fund. OP&F is expanding its $283 million real assets portfolio with the commitment to Axium Infrastructure US Fund, which the firm will use to invest in energy, transportation and social infrastructure assets, according to […]
The New Mexico State Investment Council has approved a $100 million commitment to BlackRock’s Global Energy and Power Infrastructure Fund III, according to a spokesman for the state endowment. Documents from NMSIC’s board meeting this week show GEPIF III had raised $2.1 billion before the endowment’s commitment. The fund is a continuation of an energy […]
The fund is targeting €7.5bn and has set a hard-cap of €9bn, more than double the €4bn raised for Fund III in 2017.
The North Dakota State Investment Board is committing $140 million to Macquarie Infrastructure and Real Assets’ fourth flagship fund, according to documents made public before the pension manager’s upcoming board meeting. NDSIB’s first commitment to MIRA’s infrastructure programme is meant to diversify the pension system’s infrastructure portfolio. “JPMorgan is managing approximately $407.6 million in infrastructure […]
The new vehicle will focus on biomass, healthcare infrastructure, PPPs and waste and water facilities, as Asian renewables ‘heating up’.
The move would more than double the size of its predecessor fund and follows the €628m listing of portfolio company Neoen this week.
Two LPs committed to the $40bn vehicle told us they are monitoring the situation involving a journalist's disappearance and the questions surrounding Saudi Arabia's potential involvement.
The Australian manager takes a big step towards its $3bn target amid a record year for fundraising.
The vehicle will be targeting senior debt for greenfield and brownfield projects in investment-grade countries, as well as developing markets through credit enhancement.
A smaller number of larger funds are raising ever more capital, with follow-on vehicles for the top players roughly doubling in size with each new iteration.
The firm will invest 20% of the new vehicle outside Europe, strongly targeting the US, where it is exploring the possibility of raising a dedicated fund.
We look ahead to 2019 and, using data from 50 managers, break down the cost of different strategies, highlight sticky terms and show how fee leakage reveals costs beyond the gross-to-net IRR spread.
This will be a record year and 2019 could top it. As the market shifts up a gear, we consider the major themes impacting fundraising.
The vehicle, which is the first of its kind, will seek to invest across the EV infrastructure space, targeting low double-digit returns.
The firm’s second debt vehicle has exceeded its €700m target following commitments from European and Asian LPs.