staging
The move could see the group raise up โ‚ฌ1bn for its equity vehicle, in a diversification from its managed account investment strategy.
A $3.3 billion midstream investment and an undisclosed transportation deal are the first steps toward building what Blackstone hopes will become one of the largest infrastructure businesses in the world, the firmโ€™s executives said. The New York-based firm announced in a statement it had purchased a 44 percent stake in Tallgrass Energy, a midstream company [โ€ฆ]
The fund is targeting a net return of 10%, with the firmโ€™s two previous funds both generating IRRs of about 13%.
The trading house and Mizuho Bank have already committed capital to the new vehicle, which has a target of ยฅ50bn and will invest in transport and energy infra assets overseas.
Fiera Infrastructure is investing in a portfolio of public-private partnerships that Canadian construction services company EllisDon Capital is developing as part of a new partnership agreement. Alina Osorio, the infrastructure investment firmโ€™s president, said Fiera will purchase large equity stakes in 10 social, healthcare and transportation projects across Canada that EllisDon is currently constructing. The [โ€ฆ]
Moodyยดs warns about the lack of transparency and the possible impact of a debt burden on member countries.
We look at four key trends to watch out for as we near the top of the cycle.
The new vehicle will be larger in size and broader in scope than re:cap global investorsโ€™ previous two funds.
Parking
With electric vehicles and driverless cars on the horizon, the fund manager plans to repurpose parts of Northeastern Universityโ€™s campus parking system with charging stations and an โ€˜intermodal mobility platformโ€™.
While the new FiT tariff at NT$5.516 per MW is still 5.7% lower than last year's, it represents a much more modest reduction than the 12.7% cut the government had in mind.
Tram running on City Circle line of Sydney Light Rail
The Public Accountability Committee recommends review following legal dispute between the contractor and the client over costs associated with relocating utilities.
Enriquez
David Enriquez, head of private equity for the pension system, shared three things GPs should be aware of when seeking capital.
A first close is expected in Q1 this year, with commitments from the AfDB, EIB and a South African pension fund.
The fund manager has tapped Martin Gebauer, a CEO of one of its portfolio companies, to head its new Central and Eastern European business.
70% of delegates at the CFOs & COOs Forum 2019 are being asked by at least some investors to use the ILPA reporting template.
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