Christoph Schumacher has left the firm after six years as the head of indirect investments of the insurance group’s asset management arm. He will now serve as managing director of real estate funds for a large German banking group.
With a further $2.9bn raised in the fourth quarter, global infrastructure fundraising reached a full-year total of $19.0bn in 2010. This made it the third-most-prolific year after the peak years of 2007 and 2008 and represents a solid recovery from the big decline seen in 2009.
The Spanish toll road operator has concluded the sale of its 6.68% stake in Italian counterpart Atlantia for €15.6 per share, or €626m. The sale was conducted as a private placement with Nomura International acting as sole bookrunner. Mediobanca advised Abertis on the deal.
How Spain has gone from being the world’s most attractive destination for solar infrastructure investors to the scene of a massacre.
The Indian financial services firm has announced its intention to float on the London Stock Exchange a new, closed-end fund to invest in Indian infrastructure. The Kotak India Infrastructure Fund will aim to raise a maximum of £100m.
The Spanish infrastructure group and the UK-based air traffic control firm have teamed up to bid for the upcoming privatisation of air traffic control services in 13 Spanish airports.
In an exclusive interview, the country’s head of planning said the country wished to take a ‘big leap forward’ with projects in areas such as daycare centres and housing. He acknowledged that deals needed to be better structured than in the past.
How Spain has gone from being the world’s most attractive destination for solar infrastructure investors to the scene of a massacre.
The real estate division of Colonial First State Global Asset Management has started fundraising on an investment fund aimed at Australia's 'sub-regional' and 'neighbourhood' shopping centres.
The French government could begin outlining plans to sell part of its share in four major regional airports ‘in the next few weeks’, a source close to negotiations has told Infrastructure Investor. Contrary to expectations, Nice airport is not one of the four.
The $18bn gatekeeper has hired Eric Warner to spearhead its fundraising and investor relations activity, as it nears a first close on its debut real assets fund.
Impax Asset Management Group, the London-listed fund manager, has announced a third close of its New Energy Investors II renewable energy fund on €275m. The fund is aiming for a final total between €300m and €400m.
Industry insiders are anxiously watching the progress of a number of funds in market – but pointing to any one firm’s fundraising experience as a paradigm of wider trends could be misleading, writes Christopher Witkowsky.
The Swiss giant’s global expansion continues. New York-based Karin Hallin will head up a new office in São Paolo, Brazil.
The French infrastructure investor has acquired a developer and owner of ground water supply and wastewater treatment facilities – its first investment in the industrial water market. The sellers were GE Energy Financial Services and Idex Groupe.