The British investor makes a key hire.
Hastings is calling the monopoly business ‘a new asset class’ underpinned by stable cashflows, defensive characteristics and a long-term investment horizon.
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There’s political consensus that US infrastructure needs significant investment, and privatisation is one way to accomplish this, the Blackstone Group’s chief executive said.
A week after financing a port terminal in Florida, the New York-based firm agreed to provide a credit facility to a business installing energy efficient lighting systems.
The year-on-year drop in commitments is largely the result of a slowdown in investment in the US and China, according to Bloomberg New Energy Finance.
Anne Stewart joins the Vancouver real assets investor having worked on a range of projects including the Sea to Sky Highway, A25 and A30 highways and the Champlain Bridge in Quebec.
The Melbourne-based fund will also conduct a review of its A$100m private equity programme following a labour practices scandal concerning some portfolio companies.
Japan’s prolonged low growth/low yield environment has pushed investors to look for higher yields from real asset investments, according to AMP Capital.
Over half of the offering was backed by state-owned investment vehicles and domestic strategic investors.
The Japanese pension giant has stepped up its alternatives asset manager search and issued a call for applications for infrastructure, global private equity and real estate funds of funds.
The three bidders for the Thessaloniki Port Authority have been told to up the size of their offers in another delay to Greece’s privatisation programme.
A consortium comprising Google, Singtel and Telstra commits to building a second undersea cable connecting Singapore to Perth.
The High Court judged that the sale process of the Green Investment Bank, which has attracted fierce political opposition, did not breach any legal grounds.
The emerging Asia-focused firm will conduct a full feasibility study to help facilitate project development under a PPP model in the future.
The author of a World Bank report said Latin American and Caribbean countries should identify how to more efficiently invest in infrastructure.