The UK bank is in talks with investors to gauge their support for a new infrastructure fund that would target investments across Europe.
Spanish transport minister José Blanco has signed a protocol with public and private financial institutions to help fund his €17bn infrastructure plan. About 42% of the funds will come from public institutions with the private sector expected to foot the bill for the remaining 58%.
Challenges – and how to confront them 2010-04-28 Andy Thomson <P>It’s a strange anomaly that the US, the world’s largest economy, is, in the context of infrastructure, effectively an emerging market. As cited in this month’s keynote interview with legendary investment banker Felix Rohatyn, current esti
In this fourth annual ranking of the world’s largest private equity firms you will find many familiar names and placements but also some notable shuffling in the ranks, reflective of a dramatically changed fundraising market as well as the rise of specialist and emerging markets strategies.
The chief executive of Emirates NBD Capital said in an interview that the bank is gearing up to launch an infrastructure fund to capitalise on a $500 billion infrastructure opportunity in the Gulf region.
Raj Rao, one of the founding members of Global Infastructure Partners, has been elected as its newest partner. The fund has also added two new senior hires to the team, including a global head of fundraising, as it prepares to raise a second fund.
Editor of PERENews, Jonathan Brasse, and PEI Media sales and marketing chief, Paul McLean, will be running the London Marathon this year on behalf of Downsed, a charity which provides educational support to young people affected by Downs Syndrome.
The latest fundraising figures are encouraging - and point to a new trend in the way managers are raising capital.
The unlisted vehicle will primarily focus on providing junior debt for infrastructure projects around the globe. Fundraising is due to start soon with AMP Capital targeting a final close of between €700m and €1bn.
The Macquarie Capital/Old Mutual Investment Group reached first close with over $300m in commitments for their African Infrastructure Investment Fund 2. The fund will target investments in sub-Saharan Africa including roads, airports, power, rail and ports, among others.
New Canterbury-based alternative investment and asset management business sets large capital raising targets for investment programmes in real estate, private equity and infrastructure.
Why limited partner capital could be finding its way into the wrong funds. By Andy Thomson
Divided opinion 2010-04-01 Andy Thomson <P>Turn to p.14 of this, the April 2010 issue of Infrastructure Investor, and you’ll find out why one US pension considers now is the time for it to start becoming a “premier infrastructure investment manager” while a second US pension does not even believe that
UBS Asset Management and state-backed Abu Dhabi Invest AD have dissolved their Middle Eastern infrastructure fund due to weak market conditions, both companies said in a joint statement. No investments were made.
The global fund has received commitments of $580m and will primarily invest in greenfield assets across the globe. It is targeting a final close of $1bn.