Tages remains undeterred and is pondering the launch of another renewables vehicle following the €253m closing of its maiden attempt.
Secondaries-focused Strategic Partners expects to take advantage of a rise in dealflow from mature assets.
The debt is being provided as part of a £145m junior loan to Yorkshire Water.
The firm’s third flagship renewables fund, which targets an IRR of 10%, attracted about 20 LPs.
The vehicle has acquired stakes in a Swedish wind farm, two Portuguese biomass plants and an Italian telecom infra firm.
Keynote panellists at Infrastructure Investor’s Melbourne Summit said North Asian investors have developed a strong appetite for US dollar-denominated assets.
Coming largely from UK pensions, the commitments include investments in the firm’s second infrastructure debt pooled fund.
Teaming up with OHL Mexico’s Spanish parent, the pair are looking to take full control of the firm and de-list it from Mexico’s stock exchange.
The asset manager is set to launch a successor after making a 32-year bond investment in the UK’s M6 toll, which IFM acquired on Monday.
Foreign investors hope to see a consistent approach from the Australian government in terms of assessing their investment proposals, attendees at our Melbourne Summit heard today.
With fund managers in possession of huge amounts of data and sensitive information, tackling the sharp rise in global cyber-crime has become a priority. We find out how to defend against the increasing threat of attack.
The British public pension committed to an infrastructure fund
Opportunities remain in Britain though, with the fund seeking £100m to part-finance a pipeline that totals about 600MW.
The vehicle, which has a £300m target, aims to generate 8-10% returns from local infrastructure and social housing projects.
Macquarie’s possible sale of the airport has led the government to consider strengthening investment laws as a domestic pension circles the asset.