Transactions Astaldi sells 59.4% stake in Italian hospital to Mirova core infrastructure fund Astaldi S.p.A. has signed the closing on the sale of its 59.4 percent stake in…
Research Report predicts total output value of the infrastructure construction market to reach $396b in 2022 The U.S. infrastructure market industry is expected to grow steadily over the forecast period from…
Research Scientific opinion poll: Infrastructure investment is important to small business success A scientific opinion poll released today found small business owners view infrastructure spending as important…
From the Current Issue It is good to be mega: Mega-funds account for 76 percent of infrastructure capital raised by Sheila Hopkins 2018 is shaping up to be a very good year for private equity infrastructure fundraising. And much of that good news can be traced to this being a very good year for mega-funds — those funds holding a final closing after raising $2 billion or more in commitments. As of Aug. 1, 2018, 10 mega-funds have achieved a final closing.
From the Current Issue Investing in developed country private infrastructure funds: The opportunity for investors by Sameer Jain This article discusses infrastructure from an alternative investments perspective. It outlines the rationale for investing in developed country infrastructure and describes the global market opportunity segmented by geographic regions. It also touches upon regulatory and public policy issues and their effects on the investment opportunity set. Infrastructure’s risk/return characteristics and developing trends are also presented with a view to its potential role in investment portfolios.
Fundraising BNY Mellon launches infrastructure income fund BNY Mellon Investment Management has launched BNY Mellon Global Infrastructure Income fund.
People Aberdeen Standard Investments grows infrastructure investment team Aberdeen Standard Investments, a global asset manager, has expanded its economic infrastructure investment capability with…
Transactions Canadian investor CDPQ to acquire 40% of CLP India Canadian pension fund manager Caisse de dépôt et placement du Québec will acquire a 40…
From the Current Issue Second chances: Infrastructure secondary funds and transactions can link investors with long-lived assets by Drew Campbell In many ways, today’s infrastructure investment market is similar to the market of 2005 to 2007. A lot of capital is being raised by closed-end funds, and the asset class is attracting interest from investors who are new to the market. But one aspect of today’s market that was missing 10 years ago is there are more clear paths not only to exit investments but also extend those investments in order to continue to benefit from a yielding portfolio of mature assets.
From the Current Issue If at first you don’t succeed: The Trump administration’s infrastructure proposal fell flat, but infrastructure policy remains a priority by Zoë Wolff When a new administration takes office, they often bring change. The current administration is no different. In fact, there may even be more change with this president than with past administrations. We have already seen changes to immigration, regulation, taxes and trade. The trade tariffs on China, as well as Canada, Mexico and Europe, may have ramifications for the infrastructure space, but of bigger note is the possibility of a new infrastructure spending plan proposed by the Trump administration that would potentially change the way the United States finances infrastructure projects from here on out