staging
MM Capital Partners failed to reach its first close target of ยฅ30bn for its maiden infrastructure fund due to some investors demanding more seed assets before committing capital.
The assets are part of a US-focused subscription-led information and events portfolio PEI has purchased from Simplify Compliance Holdings.
Growth in the US transport sector this year will be moderate and stay in lockstep with the countryโ€™s GDP, according to Fitch Ratings. The company, in a report published on Monday, predicted โ€œmostly stableโ€ growth in airports, toll roads and ports, citing in all cases a strong commercial and consumer economy. However, the ratings agency [โ€ฆ]
Digital infrastructure is already mainstream. Three industry insiders tell us why it will keep growing.
The move comes less than a month after the government said the fund would stop investing in upstream oil and gas.
Australian listed company has received โ€˜no recent definitive updateโ€™ on Long-Term Asset Partnersโ€™ mysterious offer.
Opposition party sponsoring the move says it is โ€˜not protectionism, but common sense and protection of sovereigntyโ€™.
Stonepeak Infrastructure Partners has increased its portfolioโ€™s exposure to the US energy sector with a $3.6 billion deal to acquire an oil pipeline company operating in the Permian Basin in western Texas and New Mexico. The New York-based fund manager agreed to purchase Oryx Midstream from a group of energy investors including Quantum Energy Partners, [โ€ฆ]
Under the initial agreement, the fund and PSP-owned highway operator Roadis will invest in new opportunities on a 50:50 basis.
A merger would create countryโ€™s second-biggest superfund, behind only AustralianSuper and ahead of QSuper.
Prime Minister Narendra Modi is perceived as a reformer that helped lure foreign capital into India's infrastructure sector, but experts believe the market will remain attractive even if the incumbent PM suffers an electoral defeat.
Meridiamโ€™s second closing of its Africa infrastructure fund shows both the opportunities provided by the continent and investorsโ€™ continued perceptions of it.
The industry group has teamed up with consultant Colmore, whose Fee Allocation Incentive Reporting programme aims to help investors ensure they are not overpaying for alternatives.
The Swiss firm funds transaction through โ‚ฌ252m energy storage vehicle and says it will look for further opportunities in one of the sectorโ€™s โ€˜most matureโ€™ markets.
Infrastructure Investor has learned thatย AVAIO Capital launched its inaugural infrastructure fund last month and is targeting $1 billion in commitments from institutional investors. According to a source familiar with the matter, partners in the New York-based firm โ€“ including Mark McComiskey and Anthony Gordon, who spun AVAIO out of engineering giant AECOM โ€“ are pitching [โ€ฆ]
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