The $941bn Chinese SWF will increase its allocation to infrastructure, in which it has invested $10bn over the past three years.
The Canadian fund manager has agreed to buy Enbridge’s Western Canadian natural gas gathering business for an enterprise value of $3.3bn, following its $1.1bn acquisition of AT&T’s data centres.
Krishnan Iyer joins the Canadian company, which received backing from InstarAGF Asset Management in February to expand its district energy system business across North America.
The sovereign wealth fund’s investment comes ahead of a planned IPO by the company, which has increasingly been diversifying towards renewable energy globally.
The new offering has raised €1bn more than its initial target, with the next round of fundraising expected later this year or early next, EMEA head Leigh Harrison tells Infrastructure Investor.
The investment was made on behalf of an Australian LP and a new European client.
The outpost will focus on investor relations, especially infrastructure client service, it is understood.
When an LP can't meet a drawdown request, what happens? What recourse does a GP have? Ed Hall from law firm Goodwin analyzes the remedy and negotiation points in this extract from The LPA Anatomised.
The ‘pure play’ energy infrastructure vehicle, which is also backed by EDF, has secured 15 investors including the European Investment Bank and Crédit Agricole Assurances.
Chinese investments could help fund Africa’s much needed infrastructure, but high leverage will make African projects more exposed to any political risks from the country, Moody’s says.
This is the second best first-half performance since 2012, with an extra $9bn raised compared with last year – discounting GIP III – as fund sizes continue to grow.
Some 84% of investors surveyed told law firm DLA Piper that infrastructure project proposals in the UK have become too politicised.
Julie Underwood spent eight years as CFO at San Bernardino County Employees’ Retirement Association, which has $9.9bn in assets under management.
The bank has created a financing facility, on a pilot five-year basis, that will help private concessionaries secure timely payments from the government.
The John Hancock Infrastructure Fund will allow the Canadian insurance giant to 'invest in larger sizes and an even larger amount of the transactio'.