Co-investments alongside Actis and Equis Funds Group in Asian renewables have generated returns of more than 100% for the Danish pension fund.
The clean energy financier is investing over $110m in IFM’s Australian infrastructure fund to cut carbon emissions of the assets in its $9.3bn portfolio.
Asia’s economic outlook remains strong – 6% GDP growth is expected in 2018 – and the region is well positioned to withstand any external shocks, the Asian Development Bank finds in its latest annual report.
Perry Offutt, along with two other hires, will be based in New York as the firm plans to launch a new equity strategy this year.
The fund has a target size of €100m and is eyeing returns in the ‘mid-single digit’ range.
The Chinese fund manager is acquiring Boreal Group, which saw EBITDA growth of 285% during Cube’s seven-year ownership.
Senior staff members will own a growing ‘material equity stake’ in the business.
The real estate investor’s debut digital infrastructure fund, in partnership with Digital Bridge, is on track to beat its fundraising target.
The fund has committed to offshore wind projects in Taiwan and Australia, as well as geothermal sites in Germany.
The $100bn development bank kicks off its strategy for building up its deal origination capacity within the next two years.
The super fund is paying around $77m to acquire a stake in Bright Energy Investments, a 210MW portfolio of wind and solar assets in West Australia.
The investment by PGGM, OPTrust and USS comes two-and-a-half years after their €420m acquisition of the toll road operator.
The city’s board of airport commissioners approved the 30-year project that would install a light rail-type system from three terminals to three outside train stations.
Brownfield refinancing products and credit-enhanced greenfield structures are likely to prove attractive to institutions as the regional market matures, says Moody’s.
Hostplus CIO Sam Sicilia says that high-level talks have already taken place as agriculture becomes relatively less risky.