The Paris-based fund manager has exceeded its target for its debut fundraising by €100m. The ten-year, closed-end fund will focus on acquiring unlisted, brownfield assets located in the Eurozone and is aiming for a 15% IRR.
The Dutch developer has secured support from BTMU, DZ Bank, Fortis, KBC, KfW and the EIB to reach financial close for a €260m section of the Netherlands’ A12 highway. The A12 is the smallest of the Dutch ministry of transport’s two road projects currently in procurement.
The Dutch infrastructure fund has bought two road assets from renewable energy group NTR with French construction firm Egis picking up NTR’s roads maintenance business. The asset sales netted NTR €50m and mark an exit from almost the whole of its toll roads portfolio.
In the build–up to the Marathon of Marathons on 31 Oct, we talk to some of those taking part. Here, Bjorn Tremmerie, a principal at the European Investment Fund, reveals his injury setback, talks of his determination to achieve a top-quartile finish – and reaches for a tulip bulb analogy
A proposal allowing the French government’s €10bn debt guarantee – which can cover up to 80% of the commercial debt used in public-private partnership deals – to be extended beyond its original closing date of December 31 2010 is set to be sent to the legislature next month.
The Swiss firm’s five MoM contenders are in the final stage of their training programme, and their €50k fundraising effort is also on track.
Sponsors, banks and public authorities have started on the ‘long and winding road’ to reaching financial close for the €7.8bn high-speed rail line connecting Tours and Bordeaux. But is an end of year deadline too ambitious to gather €1.6bn in commercial debt and some €800m in equity?
Tom Sikorski has left the energy-focused private equity giant and is understood to be planning a new venture.
The EU-focused infrastructure investment firm, which is currently raising its debut fund, has appointed three independent members to its management board and investment committee. This follows swiftly from three new hires at Marguerite Advisor, the fund’s advisory company.
The listed Australian infrastructure investor, which is jointly owned by RREEF Infrastructure and Cheung Kong Infrastructure, has concluded a strategic review by deciding to embark on a new capital raising exercise rather than sell full or partial stakes in its management company and/or investee firms.
Fundraising for the Marathon of Marathons is now around halfway towards its €2.5m target. Find out how you can become a member of the event’s prestigious Supporters Club, which has been busily signing up new members.
Zug-based Partners Group is building up its team to deploy its largest ever pool of direct investment capital. The firm specialises in private equity, infrastructure, real estate and debt.
In a statement announcing its annual results, The Future Fund – which was established in 2006 to manage the Australian government’s budget surplus – has revealed that property and infrastructure rose from 4% of the portfolio to almost 10% in the year to 30 June 2010.
Nigeria’s National Pension Commission has issued proposals that would allow Nigerian pension plans to invest for the first time in infrastructure bonds, infrastructure funds and private equity.
Leading charity UNICEF has been in the frontline of helping children cope with the flooding in Pakistan. Find out how, by supporting the groundbreaking Marathon of Marathons, you can offer a lifeline to those in desperate need