Investors are seeking out lower-risk alternatives to existing fixed income and real asset equity exposure, according to investment consultant bfinance.
Infrastructure Partners Investment Fund has increased its fundraising target from A$100m to A$250m to take advantage of new opportunities and high investor appetite.
The two firms have launched the search through their Australian JV, International Power (Australia) Holdings, and will seed the platform with the newly-operational 119MW Willogoleche Wind Farm.
In the second instalment of our Deep Dive into PPPs, we take a look at the market in Australia and New Zealand and find the region to be one of the most welcoming for the model, especially when it comes to large projects.
Sales of shares on Australian and New Zealand exchanges sees MIRA exit Oceania Healthcare completely, having listed the company via IPO in 2017.
A laundry list of troubles threaten to sink the venerable procurement framework. But there are some bold ideas for re-energising it.
Contractual rigidity, value-for-money questions and bad risk allocation all threaten to sink the model. Major intervention will be needed to bring it back to health.
The German manager intends to keep its third instalment at a similar size as it seeks to maintain its current strategy.
The fund acquired a 24.1% stake in Canberra Data Centres from Commonwealth Superannuation Corporation in a move that reflects the importance of digital infrastructure assets.
We quizzed 146 institutional investors to find out what they think about today’s major talking points. Check our interactive presentation to find out.
The French manager is already targeting the launch of its fifth instalment this year, with the fund 65% invested.
First Super CEO, Bill Watson, says investors have profited handsomely from regulated assets and need to heed the complaints they receive.
The energy-focused vehicle will have a similar strategy to the firm’s previous fund, which is now fully invested.
The fund, which could reach $1bn, will feature a $100m first-loss tranche from government institutions. It will invest in low-carbon assets, with at least 25% invested in Africa.
Aviva’s head of infrastructure debt Darryl Murphy assesses the current state of the market.