The decision deals a blow to a consortium led by Macquarie and bcIMC that was looking to acquire the electric utility for close to $5bn.
The Luxembourg-based firm is aiming to hit the milestone with between €400m and €500m in commitments from European and North American investors.
CIC has created Investment Department 1, which includes three infrastructure teams spearheaded by Yan Wang, David Xie and Yuling Lu.
GIP has sold the UK hub to a group that includes AIMCo, OMERS, OTPP and KIA for an estimated 28x.
The multilateral lender plans to scale up its operations in Sri Lanka by providing more than $2bn in loans and equity in the next three years.
The London-based fund manager has so far raised £160m for the platform, which it launched last year with a £400m target.
Total green bond issuance by the European financier is approaching €13bn via 59 separate transactions in 11 currencies.
The London-based infrastructure firm is seeking a fund extension for its €2.2bn fund and needs enough LPs – existing or new – to agree.
The likes of international institutional investors such as Brookfield and CPPIB are said to be eyeing operating road assets of Reliance Infrastructure in India.
The new appointment comes as the super fund ramps up efforts to meet its long-term infrastructure allocation target of 11%.
After months of going head to head in their attempt to acquire the Australian logistics company, Brookfield, GIP and their respective consortium members are considering a joint all-cash offer for Asciano.
The French-based firm has held two closes for the vehicle, which is targeting €400m.
The Australian fund manager has managed to attract $1bn in new commitments.
The New York fund manager has passed the halfway mark towards its $12.5bn target for its latest vehicle.
The state’s $20bn endowment is the latest LP to re-up its investment in the US manager's infrastructure offering through a commitment to BIF III.