staging
The Cathay Smart Energy Fund has a $250m target and will invest in emerging technologies, including energy storage and low carbon assets in China.
The National Infrastructure Commission has appointed consultants to look at such a vehicle to replace EIB funding post-Brexit.
Reliable data security measures are more important than returns or fee alignment to LPs, according to the annual CFA survey on investor trust.
The EIB is currently considering an injection of up to โ‚ฌ100m into the vehicle, which has a โ‚ฌ700m hard-cap.
The Australian asset manager will lose control of The Infrastructure Fund on 31 March with Utilities Trust of Australia termination date to follow in coming months.
The Hong Kong-listed fund manager is working on reaching a $700m third close and completing its third investment within the next two months.
The fund, which has a $1bn hard-cap, will focus onย education, healthcare, energy access, clean energy and social inclusion.
Edelweiss Financial Services' Nitin Jain talks about the challenges of investing in Indian infrastructure, including fragmentation, a need for strong oversight and the newness of the asset class.
Robert-Jan Bakker will join the firm in June, after five-and-a-half years at APG. His appointment mirrors the recent hire of QICโ€™s Vittorio Lacagnina, who holds the same role for the Americas.
The firm has opened offices in Chicago and Los Angeles as it continues expanding its secondaries advisory and fundraising business.
The vehicle has already surpassed its $5bn target, as it garners a $140m commitment from a US investor.
The firm is looking to capitalise on a series of expected privatisations across the continent, as well as opportunistic investments in Europe.
Mark Voccola, a partner at Ares EIF, will become co-head of Ardian Infrastructure US as the French firm raises $550m for its debut Americas fund.
The $710m vehicle will be the largest of its type in the country, according to the US energy investor, which says it has a โ€˜significantโ€™ project pipeline ready for deployment.
The fund, alongside First State, buys 65% of the Danish ferry company in its second Nordics investment this month.
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