staging
The funds offer investors two strategies of varying risk and are targeting gross returns ranging between 9% and 14%.
Alaska
The $68bn investor has received 'unsolicited proposals' to partially outsource and invest its alternative asset investment unit.
Wind farm Western Australia
The Australian Energy Market Commission rejected calls from investors to move to average loss factors in a ruling that 'undermines the energy transition underway'.
Rejections of Bristol and Heathrow Airportsโ€™ expansion plans in the UK โ€“ alongside the impact of global health scares โ€“ cast a shadow on a popular infrastructure asset.
Private markets fundraising
Infrastructure has played a prominent role in the growth and diversification of manager portfolios, with the top 10 GPs raising $934bn over the past decade.
The Shard London
Fair Market Value Capital Partners, led by Frederic Michel-Verdier, is looking to acquire assets which could form a fund in the longer-term.
The NY-based firm has hired Brookfield Infrastructureโ€™s European head, Jonathan Kelly, to source opportunities in the region for its open-ended BIP fund.
The Energy Security Board cautioned that the ability of investors to efficiently manage risk to support investment decisions was at a โ€˜criticalโ€™ level, its highest rating of concern.
John Skjervem will step down at the end of March, leaving Oregon State Treasury after more than seven years and after growing the alternatives portfolio from roughly $375m to $7.1bn.
The latest round of fundraising for the Super Core series follows on from the close of Series 1 on โ‚ฌ2.5bn in June 2018.
Competition watchdog finds airports made record profits in 2018-2019 and was critical of the current monitoring framework for a lack of effective oversight.
The vehicleโ€™s ยฃ1.25bn target is the same figure as the hard-cap of its predecessor fund, which closed in November 2017.
Managing director Ken Wong talks fund families, paying up for Aussie assets and coronavirus fears.
SHip illustration for Infrastructure Debt 15
The Infrastructure Debt 15 is the second edition of our ranking of the world's largest credit GPs, which have raised $84bn from third-party LPs.
Fork in the road
The debate over marginal loss factors may see some short-term resolution next week โ€“ but the wider conversation about reform to Australiaโ€™s National Electricity Market still has some way to run.
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