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 firmโs fourth investment from its second flagship vehicle will provide an exit to Deutsche AM, which bought Autovรญa del Camino in 2010.
The deal brings Luxcaraโs portfolio to nearly 800MW and builds on a 111.2MW Norwegian project the firm purchased last year.
The review, funded by the US government, may pave the way for a $200m project to modernise La Aurora International Airport in Guatemala City.
The strategic review of the airport, currently undergoing a โฌ2.7bn expansion, comes as MEIF3 edges towards maturity.
The European developer won the right to build two offshore wind farms off the US East Coast that could generate up to a combined 4GW.
The projects shortlisted in the third annual Access Co-Development Facility range from a 7MW solar project in Zimbabwe to a 9.7MW hydro facility in Rwanda.
Fundamental Advisorsโ third real assets vehicle will scout for opportunities in the municipal market, including infrastructure and alternative energy.
David Utz, who is joining RBC Capital Markets to lead its US infrastructure team, has advised on the Chicago Skyway and Indiana Toll Road concessions.
The $38bn pension fund has made commitments to two listed and two unlisted infrastructure vehicles.
The investment manager has launched a shorter-term โResilient Creditโ strategy as a complement to its existing core infrastructure debt business.
In a move approved by 58.2% of the population in a referendum, Switzerland will look to usher in a wave of renewable energy investment.
Australiaโs State Super and Sunsuper are exiting their stakes to the French firm, which made its debut Americas investments last September.









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