staging
Michael Chae, Blackstone, CFO
Speaking at the PEI CFOs & COOs Forum, Blackstone CFO Michael Chae warns that in a downturn, the macro can overwhelm the micro.
Making LPAs more akin to contracts between fund managers and their portfolio company execs would lead to better GP-LP alignment.
A new firm run by veteran investors and former public servants launched last week under the name American Triple I Partners with the goal to provide financing for US infrastructure projects that many may overlook. American Triple I, based in New York, is a new venture created by principals at Wall Street investment bank Siebert [โ€ฆ]
Gilets jaunes
Franceโ€™s parliament is working on legal reforms that introduce a tax-efficient system to distribute a portion of capital gains among all employees of an acquired company.
With upcoming elections in several countries, political uncertainty is one of several factors that may lead to โ€˜some slowdownโ€™ in the region this year, but the impact on the infrastructure sector is not expected to last.
Thanks to a weak Australian dollar and increased valuations, the fundโ€™s infra allocation has increased to 8.5% of its overall portfolio.
Private fund CFOs: if you havenโ€™t been tasked with creating a more diverse workforce, you probably will be.
Infrastructure has overtaken private debt and alongside real estate now makes up a majority of bfinanceโ€™s private market manager searches.
ABC of impact
The breadth of impact investing was on show at the recent GIIN Investor Forum in Paris.
Following the close of its latest debt fund on its โ‚ฌ1bn hard-cap and our recent interview with head of infra Tommaso Albanese, we bring you interactive charts on its funds, investments by sector/geography, past performance and more (hover to go full screen).
While the new FiT tariff at NT$5.516 per MW is still 5.7% lower than last year's, it represents a much more modest reduction than the 12.7% cut the government had in mind.
Tram running on City Circle line of Sydney Light Rail
The Public Accountability Committee recommends review following legal dispute between the contractor and the client over costs associated with relocating utilities.
Enriquez
David Enriquez, head of private equity for the pension system, shared three things GPs should be aware of when seeking capital.
70% of delegates at the CFOs & COOs Forum 2019 are being asked by at least some investors to use the ILPA reporting template.
Long row a very tall windmills offshore
Several of the countryโ€™s major pension funds were singled out for improper risk management and valuation methods.
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