The mandate will establish an evergreen fund to invest in a wide variety of debt instruments including real assets, SMEs and US and UK mid-market loans.
Clean Energy Finance Corporation says that investors are ‘more aware than ever’ of the need to take action on energy efficiency and reducing carbon emissions.
With state energy ministers meeting on 22 November – just a day after the Australian Energy Market Commission decides whether to amend rules on Marginal Loss Factors – the market is hoping for much-needed clarity around investment decisions.
Northleaf ranked 21st in the latest SI 30, having raised $2.38bn between January 2014 and June 2019. Sister publication Secondaries Investor caught up with managing director Michael Flood to discuss the firm’s recent $1bn raise and competition in the mid-market.
The MassMutual subsidiary will manage half of APF’s $200m Alaska Future Fund, a recently-launched in-state investment platform, targeting real assets and private equity.
Following a growth spurt in 2016-17, there are signs the market might be overheating. But demand is expected to remain strong as countries address the challenges.
The German government this week presented an 18-point plan to revive its onshore wind industry, which trade body BWE says has been suffering from an ‘ongoing crisis’.
The Australian government’s decision to block two Chinese bids for Ausgrid drew a line in the sand for the land Down Under.
A significant portion of the capital is part of an expanded secondaries-focused mandate with Canadian pension fund CDPQ.
Having ‘emerged’ in 2015, infrastructure’s mid-market is now thriving. But this brings its own challenges.
The greenhouses will be heated by waste heat from nearby water treatment facilities and result in a 75% carbon footprint reduction.
The European renewables subsidy flip-flops earlier in the decade foreshadowed a market transition that is now playing out in full.
The regulator also said underspending was a factor in the high performance of electricity transmission and gas distribution companies.
Top executives including Howard Marks and James Zelter expressed concern at last week's PDI Forum about political change and the risk of private equity being ‘squashed’.
CalSTRS’ $500m commitment to IFM Investors was 2012’s largest allocation to an infra vehicle and offered a taste of the fundraising heights to come.