Santa Barbara Employees commits $20m to real assets funds by Lewis Dayton | Mar 5, 2024 The Santa Barbara County (Calif.) Employees’ Retirement System has committed $10 million to Lone Star Real Estate Fund VII (LSREF VII) and $10 million to HitecVision New Energy Fund II (HVNEF II).
Global Infrastructure Partners wraps up fundraising for dedicated emerging markets fund at $2.1b by Kali Persall | Mar 5, 2024 Global Infrastructure Partners (GIP) has completed fundraising for its dedicated emerging markets fund, GIP Emerging Markets Fund I, garnering more than $2.1 billion of aggregate committed capital.
Meridiam breaks ground on transformative fiber project in Alabama by Kali Persall | Mar 4, 2024 Meridiam has broken ground on a transformative fiber project that will provide broadband access in Alabama’s underserved Black Belt region.
Sosteneo collaborates with Enel on major energy-transition deal in Italy by Kali Persall | Mar 4, 2024 Sosteneo has signed an agreement with Enel through its Italian subsidiary, Enel Italia, for the acquisition of 49 percent of the share capital of Enel Libra Flexsys.
Akilah Crichlow hired as an executive director at Morrison by Lewis Dayton | Mar 4, 2024 Morrison, a global infrastructure manager, has hired Akilah Crichlow as executive director, strategy, product & growth.
Illinois Teachers commits $250m to Stonepeak Infrastructure Fund V by Lewis Dayton | Mar 4, 2024 The Teachers’ Retirement System of Illinois (TRS) has committed $250 million to Stonepeak Infrastructure Fund V.
Survey finds fund managers are optimistic in 2024, particularly about alternatives by Lewis Dayton | Mar 4, 2024 Carne Group, a leader in fund regulation and governance solutions for the asset management industry, has put out new research indicating fund managers are optimistic and expect strong growth in 2024.
Montana BOI commits $158m to EQT funds by Lewis Dayton | Mar 4, 2024 The Montana Board of Investment (MBOI) committed $50 million to EQT Infrastructure VI and €100 million ($108.3 million) to EQT Active Core Infrastructure.
Chevron to build 5MW hydrogen project in California’s Central Valley by Kali Persall | Mar 1, 2024 Chevron New Energies, a division of Chevron U.S.A., is developing a 5 megawatt hydrogen-production project in California’s Central Valley.
$207b megamergers drive energy M&A momentum in 2023 by Kali Persall | Mar 1, 2024 Despite pressure from rising interest rates, a dramatic drop in global M&A activity, and a stalled fundraising and dealmaking environment, consolidations in the energy sector fared well.