staging

Fundraising

The infrastructure debt investment arm of Edmond de Rothschild Asset Management has so far collected more than โ‚ฌ1bn across three vehicles.
The investment manager has bought majority stakes in the first two PPPs procured in Aruba through its InfraRed Infrastructure III Fund, which it reported as 95 percent invested in December.
The UK investment manager now has 15 partners on its books following a 28% AUM growth last year to ยฃ2.3bn.
Thirteen infrastructure and energy-focused vehicles were established in the last quarter, which was otherwise a slower period on the fund closing front.
Former head of sales Ike Bae will take over as head of the firmโ€™s operations in Korea.
The emerging markets firm has yet to hold a first close on the vehicle, which is backed by the likes of New York's TRS and Texas' ERS.
The second phase of the nine-mile subway extension has secured a total of $2.4bn to finance its construction.
The new, UCITS-compliant vehicle will provide overseas institutions with tax-efficient access to the North American pipeline market.
Buyout firm Ciclad and the holdings of a French entrepreneur have also acquired the rights to run the port of Rouen, reportedly trumping a rival offer by Eiffage.
A quartet comprising DCNS, the Bpifrance-supported SPI fund, Technip and BNP Paribas hopes to create a leading tidal developer both in France and abroad.
View the latest capital raises
The US airline and bank will redevelop Terminals C and D at LaGuardia Airport, investing around $300m in equity and around $3.6bn of debt financing.
Higher energy prices and lesser security threats will allow Sub-Saharan infrastructure construction to perk up in 2017, a report finds, with Nigeria singled out as a likely powerhouse.
The potential shift to define local authority pension funds as retail investors by upcoming legislation is โ€˜counterintuitiveโ€™, according to the UKโ€™s pension fund association.
The Manila-based multilateral has kicked off the year by issuing a $4bn bond, about $640m of which was snapped up by institutional investors.
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