International Public Partnerships has announced its intention to raise £250 million (US$316 million) via an equity issue.
Funds & Investments News
HarbourVest Partners, a global private markets asset manager, has announced the final closes of its first mezzanine-focused co-investment fund at US$375 million and its third real assets fund at US$366 million.
New Energy Capital Partners, LLC (NEC), an alternative asset management firm focused on debt and equity investments in small- and mid-sized clean energy infrastructure projects and companies, has announced that it held a final closing for the New Energy Capital Infrastructure Credit Fund with total capital commitments of US$325 million.
Global infrastructure fund manager Hastings Funds Management has won an infrastructure debt investment mandate from the Development Bank of Japan Inc. and DBJ Asset Management Co., Ltd (collectively DBJ Group), targeting investments in OECD countries.
The SUSI Energy Storage Fund (SESF) has reached a first closing of €66 million (US$70 million).
NEPAD-IPPF and ECOWAS PPDU discuss collaboration to strengthen infrastructure project preparation in West Africa
The New Partnership for Africa’s Development Infrastructure Project Preparation Facility (NEPAD-IPPF) hosted by the African Development Bank (AfDB) held discussions with the Infrastructure Project Preparation and Development Unit (PPDU) of the Economic Community of West African States (ECOWAS) based in Lomé, Togo, with a view to strengthening collaboration on the preparation of regional infrastructure projects in West Africa. The two institutions agreed to conclude an Operational Memorandum of Understanding (MOU) to underpin their cooperation.
Fengate Real Asset Investments has announced the close of the LPF Equities Fund, the firm’s new private equity fund with CAD300 million (US$224 million) in committed capital, and its initial investment in the Cricket Energy Group of Companies.
HICL Infrastructure Company, the listed infrastructure investment company advised by InfraRed Capital Partners Limited, has announced it has raised £260 million (US$325 million) gross proceeds under its share issue.
Copenhagen Infrastructure Partners (CIP) has initiated the fundraising process for its new fund, Copenhagen Infrastructure III, which will now be open for investor subscription.
Two Massachusetts pension funds, Quincy Retirement System (QRS) and the Norfolk County Retirement System (NCRS), have announced they are seeking infrastructure investment managers.
IFC, a member of the World Bank Group, and the IFC Global Infrastructure Fund (GIF), a fund managed by the IFC Asset Management Company (AMC), have invested a combined US$100 million in Orazul Energy Partners LLC, an affiliate of Orazul Energy Holdings LLC, an energy platform in Latin America owned by I Squared Capital.
The Flemish investment company PMV and the Dutch consultant / investor Rebel Group have announced the creation of a new investment infrastructure fund, "European Projects Investment Company" (EPIco).
Actis has announced that it has reached final closing on its fourth energy fund Actis Energy 4 (AE4) with commitments hitting a hardcap at US$2.75billion.
QIC has announced the final close of the QIC Global Infrastructure Fund (QGIF), which achieved a total of AUD2.35 billion (US$1.8 billion) of capital commitments over an 18-month period.
EQT has announced that its third fund for infrastructure investments, EQT Infrastructure III, has been closed at the hard cap of €4 billion (US$4.2 million).
AMP Capital is midway through raising US$2 billion for its third Infrastructure Debt Fund (IDF3) as they increasingly turns to overseas assets as a major investment.
Infranode has announced the closing of its second investment round. The Infranode I investment platform raises SEK1.9 billion (US$213 million) dedicated to essential infrastructure investments in the Nordics.
SL Capital Partners has announced the final close of its inaugural infrastructure fund, SL Capital Infrastructure Fund I.
EIV Capital, an energy-focused private equity firm, has announced the final closing of its third fund, EIV Capital Fund III, LP and its affiliates, at its hard cap of US$450 million, surpassing its original US$350 million target.
Ireland-France Subsea Cable Limited has announced a partnership with Tiger Infrastructure Partners to finance and construct IFC-1, a submarine fiber-optic cable system that will be the first and only direct subsea cable between Ireland and France.