Meridiam has announced the successful completion of a major liquidity process on around 25% of Meridiam Infrastructure SICAR acquired by a major US-based fund of fund.
The Investment Fund for Developing Countries (IFU), based in Denmark, has signed an agreement with six pension funds - PKA, PensionDanmark, PFA, ATP, JØP/DIP and PenSam - to establish the Danish SDG Investment Fund, which will contribute to meeting the UN Sustainable Development Goals (SDGs) in developing countries and promote the sale of Danish expertise and technology.
The Bermuda Infrastructure Fund has been officially launched in a bid to improve ports, docks, roads, bridges, industrial facilities and healthcare facilities on the island, an overseas territory of the United Kingdom. Insurance firms have raised nearly US$100 million for the fund.
The Minister of Innovation, Science and Economic Development of the Government of Canada has ordered China Communications Construction Company International Holding Limited (CCCI) not to implement the proposed acquisition of Aecon Group Inc., one of the largest infrastructure developers in the country, in order to protect Canada's national security.
The Ministry of Finance and Economic Cooperation of the Government of Ethiopia has established a Public Private Partnership (PPP) Unit to implement the PPP law passed in July 2017.
The Rohatyn Group (TRG), a specialized asset management firm focused on emerging markets, and J.P. Morgan Asset Management have announced that TRG has acquired the J.P. Morgan Asian Infrastructure & Related Resources Opportunity (AIRRO) platform.
DIF has announced the final close of its DIF Infrastructure V (DIF V) fund at the hard-cap of EUR1.9 billion (US$2.24 billion).
Ardian has announced that it has raised more than US$800 million for its first infrastructure fund dedicated to the US and other OECD American countries: Ardian Americas Infrastructure Fund IV. The fundraising was completed in less than six months.
Golding Capital Partners (GCP) has started fundraising for Golding Infrastructure 2018, the third generation of the proven, conservative investment strategy for diversified infrastructure exposure. Its target volume is EUR750 million (US$889.22 million).
US private equity firm KKR has closed its Global Infrastructure Investors III for the first time at US$6 billion.
Infracapital, the infrastructure equity investment arm of M&G Prudential, has announced the successful conclusion of fundraising of its latest and largest fund to date, Infracapital Partners III, with total commitments equivalent to GBP1.85 billion (US$2.52 billion).
Global Infrastructure Partners to acquire Indian infrastructure asset management business worth US$1.8 billion
Infrastructure Development Finance Company (IDFC) subsidiary IDFC Alternatives Ltd is selling its infrastructure asset management business to Global Infrastructure Partners (GIP). The business manages assets worth about US$1.8 billion.
The Asian Development Bank (ADB) and the Government of Pakistan have signed an agreement for a US$100 million loan to promote public-private partnerships in the Punjab province, in the north-east of Pakistan.
The Emerging Africa Infrastructure Fund (EAIF), managed by Investec Asset Management (IAM), has announced that it has successfully completed its latest fundraising round, raising US$385 million in new long-term debt capital to invest in Africa.
Macquarie Infrastructure and Real Assets (MIRA), a division of Macquarie Group, has announced the close of its second Asian regional infrastructure fund at its hard cap of $US3.3 billion in investor commitments.
UBS Asset Management's (UBS-AM) Real Estate & Private Markets (REPM) business has launched its second infrastructure debt fund, Archmore Infrastructure Debt Platform II (IDP II), with seed commitments from initial investors of more than EUR448.4 million (US$551.4 million).
A.P. Moller Capital has announced the second close of its Africa Infrastructure Fund, with total commitments reaching US$865 million. Subscribers include Danica Pension, Danske Invest, SEB Pensionsforsikring and SEB Pension och Försäkring.
BGIS, a leading global real estate and facility management services provider, has announced that its previously announced agreement to acquire a portfolio of Carillion facility management contracts in the United Kingdom will not be proceeding, as certain closing conditions have not been met.
Bouwfonds Investment Management, subsidiary of Rabo Real Estate Group, has announced the completion of the disposal of a large part of its portfolio. As a result of this successful divestment, Bouwfonds IM’s portfolio has been cut back from over EUR6.3 billion (US$7.8 billion) in 2015 to EUR2.1 billion (US$2.6 billion) now.
Currie & Brown UK has announced the appointment of eight new directors, five of whom are new appointments and three of whom have been promoted to the position from within the company.