The manager is following its $644m second equity fund with a third vehicle, said to be targeting about $1bn.
The Australian firm announced its fundraising figures for the three months to end 2018 at an operational briefing, with the vast majority of new funds coming from Europe.
The US-headquartered firm’s initial vehicle posted better results in its $377m of senior debt investments than when also taking mezzanine positions into account.
Thanks to a weak Australian dollar and increased valuations, the fund’s infra allocation has increased to 8.5% of its overall portfolio.
Private fund CFOs: if you haven’t been tasked with creating a more diverse workforce, you probably will be.
Infrastructure has overtaken private debt and alongside real estate now makes up a majority of bfinance’s private market manager searches.
Macquarie Capital has settled a lawsuit with Syncora Guarantee for $38m, following accusations of using inflated projections to secure a toll road acquisition. We find the pre-crisis deal offers some valuable lessons for the transportation industry.
First Super CEO Bill Watson worries it’s only a matter of time before his superannuates realise they own some of the assets providing them a poor service. He’s right to do so.
The breadth of impact investing was on show at the recent GIIN Investor Forum in Paris.
New Energy Capital Partners has closed its second clean energy credit fund on its recently announced hard-cap of $500 million. The fund manager, based in Hanover, New Hampshire, said every investor that committed to its first credit vehicle – which closed on $325 million in 2017 – participated in this fundraising, leading New Energy Capital […]
As infrastructure debt continues its steady growth, fundraising among the asset class’s most elite firms nears $60bn.
The new vehicle this week added Vantage Airport Group and plans to focus its strategy on airport and airport-related investments.
QIC’s Melannie Pyzik will join Argo Infrastructure Partners this month in a new Sydney-based role with a remit to focus on local investor relations.
It’s not just ‘a wall of capital’ chasing too few deals that has driven up infrastructure valuations in the past 15 years, but other systematic factors as well, the research institute says in its latest study.
Following the close of its latest debt fund on its €1bn hard-cap and our recent interview with head of infra Tommaso Albanese, we bring you interactive charts on its funds, investments by sector/geography, past performance and more (hover to go full screen).