The London-headquartered manager raised over €2.7bn for its combined previous four vehicles.
Macquarie’s GIG and EnBW will retain 31.25% and 25%, respectively, in what will become the world’s largest offshore wind farm.
The financial impact of coronavirus on infrastructure assets may yet prove to be much wider and deeper than during past stresses, Fitch Ratings' Seth Lehman says.
Daniel Zinic, who will be based in London and join the firm early next month, had assisted Stonepeak in raising its debut fund in 2012 while working at placement agent FIRSTavenue.
Lawyers from Paul Weiss pinpoint the areas of a private equity firm operations that may need to be adjusted to account for the coronavirus outbreak, including fund documentation, valuation and banking relationships.
Plenary Americas’ senior management will retain a minority equity stake in the business, while CDPQ will take a near-90% interest in the PPP portfolio.
S&P Global Ratings expects ‘substantial disruption’ to sector revenue in the first half of 2020 in mainland China and Hong Kong.
Commitments for co-investments and SMAs outpaced capital raised for ECP IV due to the large cheque sizes Asian and Middle Eastern LPs contributed to the fund.
Travel restrictions and market volatility mean that neither a private sale or public listing are currently viable, but Brookfield intends to re-start the sale process at an undetermined date.
The 2020 Budget is one of the UK’s largest capital investment programmes ever, which will draw plenty of intrigue from infrastructure investors.
Managers should get ready for internationalisation, downward pressure on fees and bigger private capital allocations, should the current wave of mergers come to pass.
The European asset manager’s real assets, structured finance and hedge fund businesses will combine to form the new entity.
Speaking at a conference in Sydney, Mark Delaney highlighted the stronger-than-expected returns generated by infrastructure in comparison to bonds.
Infrastructure's continuous evolution will require new skill sets, create job opportunities and drive up pay packages for investment professionals, according to recruitment firm Sousou Partners.
A statement from pensions with combined assets of nearly $2trn is a clear warning to sceptics.