South California Edison managing attorney Beth Fox has left the electric utility to join Manatt, Phelps & Phillips as a partner in the firm’s LA office.
A consortium led by the French fund manager has emerged as preferred bidder more than two years after Maryland began the procurement process.
The UK government today launched a process to divest its stake in the first-of-its-kind lender, with a buyer likely to be chosen by the end of the summer.
.jpg "Oaktree opens office in Sydney")
Byron Beath’s local presence will help the distressed investment specialist to target the growing Australian market.
The UK platform is bulking up its senior team little more than a month after being given the green light to become a direct manager.
The $1.7bn loan is the largest project financing to date in Japan.
The $32bn pension fund has tapped Karl Polen, until now head of private markets, to serve as its new investment chief following the departure of Gary Dokes.
80.jpg "EDHEC launches infra research unit")
The France-based business school aims to attract more investors to the asset class through benchmarking and education.
The European firm is said to be working on appointing sell-side advisers as it gears up to divest its interest in the oil storage group.
The German fund manager’s new vehicle will invest 75% of capital raised in unlisted funds, with the remainder channelled to direct investments.
Melbourne Metro, a A$10.9bn project, is expected to generate returns of up to A$1.5 for every dollar invested.
The Australian lender, which hoped to sell the fund manager for more than A$500m, is said to have received bids that were far below its expectations.
The New York-based firm is more than halfway towards meeting its final target of $300m.
The network that will advise countries interested in PPPs in a bid to plug an estimated $10-$20trn infra investment gap by 2030.
Sean McLachlan joins the insurer’s asset management arm from Balfour Beatty at a time when the firm seeks to grow its yield-focused investment offering.