Research suggests the ‘Canada Model’ for pension fund management can lead to superior returns.
The Blackstone unit tapped its latest real assets fund to win a competitive tender offer process run by Campbell Lutyens.
Bridging facilities are now being used not just for more efficient deal execution, but also to get proceeds into the hands of LPs quicker.
The group, including Quaero Capital and the Marguerite Fund, has secured finance from eight lenders, including from reinsurer Scor and La Banque Postale.
The US endowment holds less than a percentage point of portfolio in oil.
The $25m project is Australian impact investment manager’s largest solar deal.
The close comes as its two predecessor funds posted single-digit net returns well below the firm's 15%-17% net IRR target for its power and energy infrastructure strategy.
The fund is being led by the new infrastructure investment arm of A.P. Moller Holding and will be open for institutional investors over the next 12 months.
The manager says the 424MW project will be Mexico’s largest wind farm to date.
The government is clamping down on lax security measures employed by operators across the industry.
Australian Gas Networks is looking to turn renewable energy into hydrogen and store it in its gas grid in a bid to decarbonise its natural gas network.
Airtel sold a minority stake in the telecom tower business to private investors after divesting 10.3 percent to KKR and CPPIB in March.
Six investors are vying for a majority holding in pipeline network operator DEFSA.
The 192MW project, backed by EDF and Canadian Solar, is being funded through a long-term loan.
Fund managers must be explicit in their IRR calculation disclosure to investors, or face the wrath of the regulator, writes Vivek Pingili, vice-president of compliance at Cordium