The agency said the Swiss firm โimproperly allocatedโ almost $1.3m of expenses to the vehicle it managed until 2014.
MIP IV is close to meeting its $3.5bn target, as it seeks net returns of between 10% and 12%.
China Three Gorges Corporation leads consortium buying the 456MW facility.
Being invested in a private equity fund, even if it produces below-benchmark returns, can be more attractive than having cash lying fallow, according to a survey by Palico.
China Energy Investment Corporation could become one of the world's largest power players, accounting for close to 15% of Chinaโs power generation.
The vehicle is already backing Teslaโs 100MW grid-scale battery project, as part of the stateโs $437m energy plan.
The Lima Metro 1 expansion is part of Peruโs plan to build out its metro system.
The $428bn fund is interested in clubbing together with other institutional investors to invest in infrastructure projects across the Belt and Road countries.
The investor group, led by Italian construction firm C.M.C. di Ravenna, will design and build an aqueduct project for Manila Water.
The asset class has generated a net return of 9.9% over the last year, with GIP II its top performing fund, returning a net 15.88%.
Financial close is expected later this year on Coloradoโs second large-scale road PPP, backed by availability payments.
Starwood Energy is nearing its third infrastructure fundโs $1.5bn hard-cap as it eyes longer partnership with the reinsurer.
The insurer is keen to explore other opportunities brought by Beijingโs โmixed-ownership reformโ scheme, following its $3.26bn investment in China Unicom.
CIO Robert 'Vince' Smith talks about infra's strong performance and why he wants more of it to help round out the $21.5bn endowment's real return portfolio.
The company operates across the electricity, gas, water sewage and telecoms sectors in the US and Canada.







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