GreenPoint closes inaugural technology fund at $134m by Released | May 18, 2022 GreenPoint Partners, a New York–based alternatives firm investing at the intersection of real assets, technology and sustainability, has closed its inaugural technology fund at $134 million (approximately $200 million inclusive of associated co-investment capital), as well as the first investment by its innovative real estate private equity platform.
EQT Real Estate II buys six PBSA assets in U.K. by Released | May 18, 2022 EQT Real Estate II Fund, a fund managed by EQT Exeter, has agreed to acquire six flagship student accommodation assets in two separate transactions from subsidiaries of Watkin Jones and Tide Construction.
Q1/2022 infrastructure fundraising sets blistering pace by Sheila Hopkins | May 17, 2022 According to the i3 fundraising database, private equity infrastructure funds reaching final closing in Q1/2022 raised $70 billion — an amount typically raised in three quarters. Q2/2022 looks to be keeping up the pace.
City of Bloomington, Ind., signs high-speed internet agreement with Meridiam by Kali Persall | May 17, 2022 The City of Bloomington, Ind., has inked an agreement with Meridiam for a $50 million high-speed internet investment.
HICL Infrastructure acquires 50% stake in German road P3 by Kali Persall | May 17, 2022 HICL Infrastructure, the first infrastructure investment company to be listed on the London Stock Exchange, has made its foray into the German market with the acquisition of a 50 percent equity interest in the B247 Mühlhausen-Bad Langensalza Road public-private partnership (P3).
Macquarie-backed AirTrunk expands data center platform in Japan by Kali Persall | May 17, 2022 AirTrunk, a Macquarie-backed hyperscale data center platform for large cloud, content and enterprise customers across APAC, has announced plans to build a new hyperscale data center in West Tokyo.
Diamondback Energy signs merger agreement with Rattler Midstream by Kali Persall | May 17, 2022 Diamondback Energy has plans to acquire all of the publicly held common units representing the limited partner interests in Rattler Midstream not already owned by Diamondback and its subsidiaries.
KKR to pay $2b for ContourGlobal by Kali Persall | May 17, 2022 KKR has lobbed a £1.75 billion ($2.15 billion) all-cash takeover offer for ContourGlobal, an international owner and operator of contracted wholesale power generation businesses.
Halstatt Real Estate Partners sells 299-unit student housing complex by Released | May 17, 2022 Halstatt Real Estate Partners, a real estate private equity firm, has sold The Legacy at Baton Rouge, a purpose-built student housing complex located near Louisiana State University (LSU).
Michigan Office of Retirement Services commits $100m to GCM Grosvenor infra fund by Kali Persall | May 17, 2022 The $8.3 billion Michigan Office of Retirement Services has made a $100 million follow-on commitment to GCM Grosvenor Customized Infrastructure Strategies III, a closed-end fund managed by GCM Grosvenor.
PRP names head of responsible investment by Kali Persall | May 17, 2022 PRP, a real estate investment management company with a focus on mission-critical logistics and corporate headquarters facilities, has appointed Tamara Axelrod as head of responsible investment.
Ontario Teachers’, Macquarie’s Corio Generation team up on offshore wind development by Kali Persall | May 16, 2022 Ontario Teachers' Pension Plan, one of Canada's biggest pension funds, will invest up to $1 billion in development capital through a joint venture Corio Generation, a new offshore wind business launched by Macquarie Group.
Allianz GI secures €550m for second infrastructure equity fund by Kali Persall | May 16, 2022 Allianz Global Investors has secured €550 million ($572 million) in a first closing of its second infrastructure equity fund, Allianz Global Diversified Infrastructure Equity Fund II, according to Citywire Selector.
Greencoat UK Wind takes stake in world’s largest offshore wind farm by Kali Persall | May 16, 2022 Greencoat UK Wind has agreed to pay £400 million ($490 million) to Global Infrastructure Partners for a 12.5-percent stake in the 1.2-gigawatt offshore Hornsea One wind farm.
Aquila eyes Spanish solar park by Kali Persall | May 16, 2022 Aquila European Renewables Income Fund (AERIF) has plans to acquire a 30-megawatt solar PV park in Spain for an undisclosed amount, according to news reports.
