The LP-friendly limited partnership agreement is intended to cut down the need for negotiation and side letters when establishing a private equity fund.
The combined entity would have more than A$180bn of AUM and be larger than the country’s current largest fund, AustralianSuper.
IFM chief executive Brett Himbury says deals at such a large scale see ‘improved’ risk-return dynamics compared with others at a lower ticket.
Climate concerns have historically been an afterthought for North American capital, but that is changing, as evidenced by the $240bn pension's new sustainability plan.
Greece’s privatisation agency agreed an extension to the existing concession agreement through November 2046 in order to make the 30% stake on offer ‘sexier and more attractive’.
he new CEFC-administered Grid Reliability Fund follows an academic report that found the federal government should facilitate investment in transmission infrastructure to ensure emissions continue to fall.
Murra Warra’s second phase could fetch a significantly higher price than that paid by Partners Group for phase one in 2018, amid high demand for renewables assets.
Private-equity head Hideya Sadanaga talks about the challenges of launching the firm’s infrastructure programme, and explains why he’s determined to continue investing despite high prices.
The US engineering company, which reported more than $500m in losses in the second quarter, said it would seek a ‘more balanced’ risk allocation for future projects.
Firms including Tetris Capital, Capella Capital and Plenary Group among shortlisted bidders for A$1.5bn Footscray Hospital PPP.
Standards regimes can encourage box-ticking at the expense of more detailed analysis, according to the secondaries firm's ESG & sustainability head.
The proposed regulations are not final but even without revisions, they are likely to significantly impact foreign investment in the country’s infrastructure, Kirkland’s Mario Mancuso, Shawn Cooley & Luci Hague explain.
The Australian fund saw the value of its infrastructure portfolio rise even as it fell as a percentage of total AUM due to disposals of illiquid overseas assets including Gatwick Airport.
The Sydney-based fund manager said that it believed its Infrastructure Debt Fund IV was the largest-ever fundraise for a mezzanine debt strategy.
The two funds are the first to merge using an extended public offer licence, allowing the combined entity to maintain two separate brands and leaving open the possibility of other superfunds joining in future.