The move will enable roughly 85,000 DC members, representing around £1bn of funds, to select a private markets allocation within their investment programme.
The New Jersey-based firm missed its target by $1.7bn but reported billions of dollars in co-investment opportunities for a North America-focused strategy.
Diana Callebaut's departure comes a little over a week since the superannuation fund announced its CEO, David Atkin, would also be stepping down by mid-2020.
The firm has been organising itself to take advantage of increased opportunity in the asset class, according to co-chief executive David Layton.
The investors call for the Australian Energy Market Commissioner to pay greater heed to quantitative analysis when making its decision.
The first close figure is the largest amount Omnes has ever raised for renewables, with its previous fund having closed on €245m.
Ex-KKR infra co-head Jesús Olmos’ year-old outfit is the exception. In reality, a significant number of LPs are unwilling to commit to first-time vehicles. Here’s why Asterion was successful.
The US presidential candidate unveiled a ‘community-driven’ plan that would encourage local governments to fix existing infrastructure and invest in major, long-term projects.
The UK’s Civil Aviation Authority is examining the move, which could see the site, part-owned by IFM, become the country’s third regulated airport.
Andrew Jennings, who worked on energy and utilities deals for QIC, joins as a senior director with KKR, where he will help source investment opportunities and manage portfolio assets.
Asterion Industrial Infra Fund I closed on its revised hard-cap and is already close to 60% invested.
The strong returns were slightly offset by a fall in the fourth quarter, as interest rates began to rise.
Just $7bn shy of 2018's record-breaking $104bn total, the asset class again proved its attractiveness as it continues towards greater concentration and growing fund sizes.
The fund manager will focus on the Windlab acquisition before turning to fundraising for a new vehicle, the Sustainable Australia Real Assets Fund.
The $66bn sovereign wealth fund is inviting bids on a portfolio comprised around 40% of infrastructure funds.