The US fund manager has closed its third fund well ahead of a $1.5bn target. The fundraising process took just seven months.
The main argument levelled against the Partnership to Build America Act is the amount it will cost the government in lost tax revenue. But ‘lost’ implies having something in the first place.
The London-based fund manager insists it has not stopped raising its current fund, but has shifted its focus to managed accounts in developed European markets.
The Employees Retirement System of Texas will hold off on private infrastructure investment until the market rights itself, CIO Tom Tull said.
The first fund to arise from the UK’s Pensions Infrastructure Platform is more than halfway towards its £500m hard cap.
State representative Ken Roberson has introduced a bill aimed at protecting information contained in unsolicited P3 proposals.
Group of 20 finance officials made private investment in infrastructure a key component of their plan to increase global GDP by more than 2 percent.
Six months after launching its first infra fund, the New York fund manager is almost halfway towards its $2bn target.
In a reader poll on this website, almost 60% of voters cited political risk as the biggest risk factor for institutions investing in infrastructure.
The Pennsylvania Dept of Transportation has issued an RFI to explore the possibility of redeveloping 11 train stations through P3s.
The Dutch bank has beefed up its London-based infrastructure debt operation with three hires together with three new roles for existing ING professionals.
The infrastructure debt investor has bought unwrapped project bonds on behalf of Stanhope Pension Trust, the first such investment by a UK pension.
The second-most-populated state in Australia has issued new guidelines that welcome unsolicited infrastructure investment proposals from the private sector.
The California public pension fund has revised its asset allocation mix increasing its target for infra to represent 3% of its $283.4bn portfolio.
Azure Midstream Energy, backed by Energy Spectrum Capital and Tenaska Capital, has appointed Eric Kalamaras as its first CFO.