Australia’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.
The London-based manager has hired 3i partner Andy Matthews to spearhead the strategy, which will be pursued outside its existing funds.
The Sydney-based global listed infrastructure fund manager is to test the region’s appetite for listed products with a view to establishing a permanent investment presence in London.
%2080.jpg "JLIF investment adviser to retire")
David Marshall, a director of London-based John Laing Capital Management, is to step down at the beginning of July.
The UK law firm has hired Jason van der Poel as a partner in its Johannesburg office shortly after adding two directors to its South African team.
Barry Smitherman, who previously chaired the Railroad Commission and the Public Utility Commission in Texas, joined Vinson & Elkins’ energy regulatory practice as a partner.
The London-based private placement agent has added Patricia Chalian, formerly of Forbes Private Capital Group, to its New York office.
.jpg "OTPP infra portfolio beats benchmark as CIO steps down")
One day after Ontario Teachers’ announced Neil Petroff would be retiring June 1, the Canadian pension posted strong annual results with its infra portfolio achieving a return of 10.1%.
Ali Kazmi joins from Deutsche Bank, where she was a director within the corporate banking and securities team.
When investing in infrastructure, making people understand the value they will receive from a project is key in gaining public acceptance.
%2080.jpg "Hogan Lovells hires for Australia move")
Infrastructure will be a focus for the UK-headquartered law firm as Nicky Lester and Tim Lester join from Allens to spearhead its new Australia practice.
New South Wales’ planned sell-off of electricity poles and wires assets is set to proceed as the Liberal-National coalition government is re-elected.
Infra head Guillaume Fleuti (pictured) says it will provide the support until the end of 2017 to schemes identified in the country’s National Infrastructure Plan.
Both the President and the Treasury Secretary referenced infra investment as a means to maintaining the country’s competitive edge during an event aimed at attracting foreign direct investment.
The London-listed fund manager told Infrastructure Investor it was waiting to see what announcements the developer’s new boss will make tomorrow.