Investors including APG, CalSTRS and the Abu Dhabi Investment Authority renewed their commitments to CapDyn’s North American clean energy strategy.
The Canadian firm’s CEO says market conditions should drive the vehicle to top its $14bn predecessor.
The infrastructure vehicle could exceed its original target, depending on the manager’s ongoing talks with potential investors.
The fund, a joint venture between real estate investor Colony NorthStar and telecoms company Digital Bridge, is soon expected to hold final close.
Tages Helios II is a successor to a €253m vehicle that closed in June 2017 and can also invest in wind assets.
The world’s third-largest public pension fund is particularly interested in GPs with renewables funds and will accept foreign GPs’ proposals if they have a presence in Korea.
LBBW is targeting €100m for the vehicle, the first of in a series of infrastructure-related offerings.
As the manager prepares to close what could be the year's largest fund on more than $7bn, we bring you interactive charts on its AUM growth, past fund performance, fees, team growth and more (hover over to go full screen).
While the energy-focused fund is largely reserved for Europe, up to 40% could be invested outside the European Economic Area.
The Los Angeles-based firm has stopped fundraising for an energy infrastructure vehicle and disclosed that its Highstar Fund IV is underperforming.
The new fund has a target IRR of 5% and already owns a portfolio of 12 assets purchased from a previously liquidated SPARX fund.
Clean Energy Finance Corporation makes $112m commitment to the new closed-ended fund that will target ‘high-growth’ assets.
One investor said the original rate was ‘just not a standard hurdle’, as we take a closer look at the $5bn first close, one of the industry’s largest first closes for a debut fund.
The government releases a request for proposals, suggesting managers with experience in the sector could seed the Charging Infrastructure Investment Fund with existing assets.
Its third fund is the year's biggest fundraising so far. With more than $15bn of capital under management, we profile one of the industry's biggest managers.