The Dutch firm has deployed 65% of its fifth flagship fund and hopes to make its first investment in the region this year.
The fund, targeting €600m, is ‘taking advantage of new market dynamics and sector opportunities’, according to LBPAM.
LPP, the manager of the GLIL Infrastructure vehicle, has now made four additions to its infrastructure team this year.
More deregulation and introduction of tax incentives are expected to attract private capital, but risks, including corruption, remain.
‘Very aggressive’ cashflow assumptions and valuations calculated based on desired returns are being used to lure buyers, LPs say.
You can save on fees, but these programmes certainly aren’t without cost. And if you’re not ready to go all in, it’s best to stick to funds and co-investing.
While the majority of the fund’s LP base is European, the APAC region was also well represented with 41% of investors coming from the region.
The Canadian pension said it would continue its large-scale core infrastructure strategies as investors seek ‘higher risk’ assets.
The Swiss manager is seeking up to $1.5bn for its first infrastructure equity vehicle since 2015.
The document paints a picture of deceit, bribery and personal enrichment at the collapsed emerging markets firm.
Local governments will be able to use proceeds from special-purpose bonds as project capital, as the country tries to stimulate economic growth.
Right-of-centre coalition’s surprise victory means lower targets for emissions reductions and continued support for coal.
The spotlight is intensifying as private debt’s role in the stability of the financial system is questioned – and misunderstandings needs to be addressed.
Airports remain prized assets despite soaring values.
We examine why that’s unlikely to change
The new fund, the eighth in the Clean Energy Infrastructure series, marks a slight shift in strategy towards targeting electric-vehicle infrastructure and grid support.