Plans to expand the LP base to more institutional capital beyond the current DFIs would bring the fund to just over €500m.
Fundraising among the firms that feature in infrastructure’s most elite ranking has grown by 23% to a whopping $378bn. You now need almost $2bn to make it into the II 50 and more than $55.5bn if you want to dethrone MIRA from the top spot.
Investors are forcing funds to take disclosure to a whole new level of detail, with broken deal expenses one of the most contentious areas.
The deal is a debut transaction for the government-backed vehicle’s Strategic Fund and comes amid growing concerns surrounding bad loans in the country’s infrastructure sector.
The Australian funds manager ups its total share in the project to 16.5 percent in a deal worth approximately $72m.
New York-based Apollo Global Management plans to use a recent $1 billion deal with General Electric as the foundation for a dedicated infrastructure strategy, its executives said during a recent earnings call. Apollo co-president Scott Kleinman called the recent acquisition of power and midstream assets from GE Capital, the US company’s investment arm, an “attractive […]
Fund IV will pursue a broadly similar strategy to that of its predecessors, focusing on Europe but also investing outside the region on an opportunistic basis.
Even if the framework’s demise was very much Chronicle of a Death Foretold, to have it stated as a matter of government policy still packs a punch.
Dumfries and Galloway Royal Infirmary operates under Scotland’s Non-Profit Distributing model, an adaptation of the UK’s PFI scheme which was abolished this week.
In the latest draft amendments to its valuation guidelines, the organisation for the first time looks at debt investments in their own right and not just as part of private equity deals.
The Carlyle Group has agreed to build a land-based oil export terminal on Harbor Island, off the coast of Texas in partnership with the Port of Corpus Christi Authority. The Washington DC-based private equity firm will have full ownership of the terminal, which Ferris Hussein, a managing director for the firm’s infrastructure group, said will […]
Commonwealth Bank of Australia is selling the asset manager in a separate transaction from the planned demerger of its wealth management businesses.
Chancellor Philip Hammond insisted present contracts will be honoured but vowed to never again sign a PFI or PF2 project.
Investments in solar and wind in California have the highest growth potential among renewable energy assets after the state’s governor, Jerry Brown, set a 100 percent clean generation mandate for 2045, S&P Global Ratings said in a recent report. There are going to be winners and losers from that shift, S&P claimed, with mainstay renewables […]
While stricter regulations surrounding foreign investment in infrastructure have coincided with a rise in populism around the world, we find the root causes lie elsewhere.