The California pension has decided to keep its interim target for infrastructure at 2% until its 2016 revision due primarily to high asset valuations.
The Boston-based buyout firm has purchased Pyramid LLC through affiliates of its sixth fund, which as of last month had raised more than $3bn.
Fresh research shows the asset class outperforming global equities in a flat yield curve environment.
Australia’s Victoria state government has eased fears by agreeing the payment of costs to the winning consortium on the A$5.3bn project which it is in the process of cancelling.
The recent slump in energy prices may benefit transportation projects, aviation and renewables, an S&P study finds.
Most of the companies vying for the bundles on offer also competed for the $392m Mactan-Cebu PPP awarded in April last year.
The energy-focused private equity firm will commit up to $300m to Meritage Midstream Services III, a limited partnership pursuing investments in Western Canada.
The London-based manager has hired 3i partner Andy Matthews to spearhead the strategy, which will be pursued outside its existing funds.
Brookfield Infrastructure will use the proceeds for new investment opportunities as well as for paying down debt.
The $54m Northside at UT Dallas project is being delivered in collaboration with commercial developer Wynne/Jackson.
%2080.jpg "Korea Eximbank launches debut energy and infra fund")
The country’s credit export agency has reached a first close on the platform on $121m.
The milestone will likely see the Paris-based fund manager collect at least half its €300m target, with a final close on the 15-year vehicle expected this summer.
The Sydney-based global listed infrastructure fund manager is to test the region’s appetite for listed products with a view to establishing a permanent investment presence in London.
The institution has cancelled its prohibition on banks’ acquisition of long-term infrastructure bonds from one another.
A report by the Marion County City-County Council has found traditional financing to be more cost effective than the P3 method, three months after a preferred bidder was announced.