Pensions Minister Guy Opperman wants British pension funds - rather than Australian ones - to be investing in British infrastructure, but concedes current structures makes this difficult.
The new vehicle will focus on biomass, healthcare infrastructure, PPPs and waste and water facilities, as Asian renewables ‘heating up’.
The move would more than double the size of its predecessor fund and follows the €628m listing of portfolio company Neoen this week.
Two LPs committed to the $40bn vehicle told us they are monitoring the situation involving a journalist's disappearance and the questions surrounding Saudi Arabia's potential involvement.
The two investors are sharing the equity on a 60-40 split for the 36MW facility south of Perth.
For infrastructure investors to help avoid the worst of climate change, sustainability has to quickly move from buzzword to the mainstream of investing.
Jonas Nyquist, most recently head of private equity and infrastructure at the Swedish life insurer, will head a team at the oil and gas giant's fund management subsidiary.
CIO Sam Sicilia says the superannuation fund will consider non-core and infra-like assets, but only on a case-by-case basis.
In a heady fundraising environment, GPs are pushing fund terms in their favor, and it’s up to LPs to walk them back, Texas Municipal Retirement System’s director of private equity Christopher Schelling says.
The fund manager expects to commit at least $5 billion to assets in the region, its newly appointed head of renewable power in Asia-Pacific says.
The Australian manager takes a big step towards its $3bn target amid a record year for fundraising.
The vehicle will be targeting senior debt for greenfield and brownfield projects in investment-grade countries, as well as developing markets through credit enhancement.
A smaller number of larger funds are raising ever more capital, with follow-on vehicles for the top players roughly doubling in size with each new iteration.
Mar Beltran of S&P Global Ratings argues infrastructure credit is not only growing, but becoming more robust, although the number of speculative-grade ratings has been on the rise.
Ahmed Badreldin, former head of MENA for The Abraaj Group, writes for PEI about his thoughts for LPs on fund due diligence lessons and investor safeguards.