staging
Banco Santander has teamed with Canadian pensions OTPP and PSP Investments to form a London-based renewable energy and water infrastructure platform.
The pension has turned to in-house talent to fill the CIO position left vacant by Carmen Hereida-Lopez's departure, tapping Angela Miller-May to manage its $10.9bn portfolio.
As one of a number of moves, Charles Emmanuel de Beauregard โ€“ whose remit covers infrastructure finance โ€“ is relocating from the bankโ€™s Paris base.
The listed infrastructure trust, now Singaporeโ€™s largest, is expected to reach $3bn in assets under management after completing the acquisition of a 1.3GW power plant later this year.
The Pembani Remgro Infrastructure Fund will also receive an additional commitment of up to $100m from the Overseas Private Investment Corporation.
The Munich-based firm comfortably beat its โ‚ฌ400m target as it collected the largest-ever infrastructure fund of funds in the German-speaking area.
Bryn Jones, InfraRed's head of development infrastructure, will relocate to New York as part of efforts by the UK firm to expand its foothold in the region.
David McFadden, with the Canadian asset manager since 2006, has been appointed chairman of its Canadian and international infra advisory boards.
The Australian firm has made its second senior hire in as many weeks as it seeks to gain a greater foothold in the region.
Michael Likosky and Lauren Clancy will head the new platform at the New York-based advisory firm.
The Australian fund manager has hired a director to grow its business in the region as it seeks to build on its existing partnerships with local institutions.
The Australian firm has made further moves to internationalise its business by naming two distinct distribution chiefs for Europe and the Middle East.
Russell Smith is joining the firm alongside Rob Stewart, former boss of Credit Suisse Australia, as the firm prepares to launch an Aussie-dollar vehicle.
Australiaโ€™s Victoria state government has eased fears by agreeing the payment of costs to the winning consortium on the A$5.3bn project which it is in the process of cancelling.
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