Already backed by five European countries, the EIB-managed fund has now pulled in financial support from the UK as it seeks to raise €1.5bn by 2011. The fund will back projects implementing EU policy in areas such as climate change and energy security.
The global fund of funds manager has attracted around $600m in commitments in the last 12 months on its way to a target of $3.75bn.
The state-owned ports and real estate conglomerate at the centre of Dubai’s current economic crisis has announced it is focusing the restructuring of its debt obligations towards itself and its real estate subsidiaries Nakheel and Limitless. It also confirmed that asset sales could form part of the process.
The Hastings Infrastructure Debt Fund III will predominantly lend junior debt to infrastructure projects and businesses in sectors such as utilities, transport, telecommunications and social infrastructure.
The MENASA-focused firm will use the new capital to seed new funds and possibly make strategic acquisitions.
The Kuwait-China Investment Company, part-owned by the Kuwait Investment Authority, is planning to use an office in Shanghai from which to launch private equity vehicles. The firm invests in sectors including infrastructure and real estate.
A side-by-side comparison of the House and Senate draft legislation for the regulation of US private investment funds, by Nathan Greene and Jesse Kanach of law firm Shearman & Sterling.
The world this month 2009-10-30 Staff Writer <P><STRONG>California transportation RFP</STRONG><BR> The State of California has launched a tendering process to choose a financial advisor for its transport PPP projects. It is offering a management fee of $1.5 million for a two-year
Infrastructure fundraising is showing signs of life. A cause for optimism? Perhaps, though it may be too early to tell.
The Milan-headquartered firm, in which banking group IntesaSanpaolo has a minority stake, is making environmentally-focused investments.
Some GPs are still greatly prized by investors, while expectation of out-performance in the coming years is high – despite the pain being felt in the present. Through discussions with leading alternative asset groups in and around Switzerland's financial capital, Andy Thomson takes the temperature of the private equity market
Blackstone’s chairman has told the SEC a firm like his would never have reached its level of success, which directly benefits pensioners, without placement agents.
Blackstone’s chairman has told the SEC a firm like his would never have reached its level of success, which directly benefits pensioners, without placement agents.
Blackstone’s chairman has told the SEC a firm like his would never have reached its level of success, which directly benefits pensioners, without placement agents.
Richard Allsopp, who established and led UBS’ private placement division for 10 years, will join the London-based boutique as it further expands into infrastructure. In the wake of Babcock & Brown’s collapse, Allsopp helped Babcock European infrastructure spin-out to become Arcus Infrastructure.