The pension fund for the US Steel Corporation will be cutting staff as it moves to outsource its investment functions.
After years of drought, the country’s renewable energy sector seems to be on the up once again, although the solar industry is braced for disappointment.
The firm will target car parking assets across western Europe from which it is hoping to provide investors with returns of 6%.
RDIF’s CEO said it is about to launch a ‘massive outreach programme to Europe’ to help fund domestic transportation PPPs.
The transaction, also backed by Germany’s Deutsche Telekom Capital Partners, ensures Cellnex becomes Switzerland’s first independent operator of mobile telco infrastructure.
Following lengthy coalition battles, the government has agreed to set up a federal road infrastructure company free from private capital and imposed additional limits on PPPs.
The firm said it plans to merge Wave Broadband with a company it acquired last August to make the sixth largest cable operator in the US.
The $11bn pension has increased its exposure to the private equity giant's 2015-vintage BEP II.
The deal, agreed to by Q-Park’s management, remains subject to approval by the car park operator’s shareholders.
The firm has chosen Sean Klimczak, an energy heavyweight in its private equity group, to helm its $40bn infrastructure fundraise.
The firm has appointed Jeffrey Cangemi to lead P3 investment opportunities as it invests from its inaugural infra fund.
The $317bn pension manager said increased bond yield and asset appreciation is affecting how investors view the asset class in the current cycle.
The firm has provided mezzanine debt to a portfolio of 43 assets in a sector increasingly favoured by institutional investors.
The firm’s fourth investment from its second flagship vehicle will provide an exit to Deutsche AM, which bought Autovía del Camino in 2010.
The deal brings Luxcara’s portfolio to nearly 800MW and builds on a 111.2MW Norwegian project the firm purchased last year.