staging
The US presidential candidate unveiled a โ€˜community-drivenโ€™ plan that would encourage local governments to fix existing infrastructure and invest in major, long-term projects.
Alaska
The $66bn sovereign wealth fund is inviting bids on a portfolio comprised around 40% of infrastructure funds.
In the midst of a company-wide rebranding, First Sentier Investorsโ€™ Niall Mills discusses European fundraising, US expansion and tightening regulation.
MidRail claims the Swiss firm has been 'unjustly enriched' at its expense through 'exploitation of MidRail's confidential information'.
Investors are also demanding better reporting from managers if they are to proceed with their ESG targets.
Number 10 Downing Street
The UK governmentโ€™s โ€˜infrastructure revolutionโ€™ could come with a change to how Treasury assesses projectsโ€™ value for money. That would help explain why the private sectorโ€™s role in it appears limited.
Julia Leung, deputy CEO of the Hong Kong SFC
Julia Leung, the Hong Kong financial body's deputy chief exec, says asset managers in Asia tend to focus more on governance than environmental concerns.
The government has tabled a law decree to revoke the concessions of Autostrade per lโ€™Italia, which it holds responsible for the deadly Morandi Bridge collapse in August 2018.
A model by Singaporeโ€™s Clifford Capital is the latest capital recycling practice in Asian infrastructure debt.
New York
The creation of an infra-dedicated team is in response to infrastructureโ€™s strong appeal, which made it the fastest-growing asset class in 2019, according to an internal memo.
The pension group is looking for managers with either global, UK or renewables-based strategies, following its expansion into infrastructure debt last year.
The project, which includes a link between Maryland and Virginia, is set to be one of the US's largest PPPs.
GIP, Cheung Kong Infrastructure and Orsted are among the owners of the assets that agreed to a 'voluntary payment' requested by the regulator for their roles in a nationwide power cut last year.
Asia Pacific Village Group, owned by EQT Infrastructure Fund IV, increased its bid for Metlifecare by 50 cents to NZ$7 per share and has secured agreement from the companyโ€™s largest shareholder, NZ Super.
Industry players say fee transparency has been increasing. So why are more LPs asking for more of it?
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