KKR has announced the final closing of KKR Global Infrastructure Investors III, a US$7.4 billion fund focused on pursuing global infrastructure investment opportunities with an emphasis on investments in OECD countries. KKR will be investing US$358 million in capital alongside external investors through KKR’s balance sheet and employee commitments.
A.P. Moller Capital has announced that it has raised US$982 million for the Africa Infrastructure Fund.
Australia's Clean Energy Finance Corporation (CEFC) and alternative asset manager Morrison & Co have announced plans to launch a specialist AUD1 billion (US$739.1 million) ‘green’ infrastructure fund.
Infrastructure Australia, the nation's independent infrastructure advisor, has launched new guidelines to drive greater transparency and accountability in infrastructure decision-making and reduce instances of major projects receiving funding before appropriate planning and assessment.
Following a resolution by the Council of Ministers, Saudi Arabia’s National Centre for Privatisation and Public-Private Partnerships (NCP) has published a draft law to govern private sector participation in government-sponsored programs and projects.
Ancala Partners has achieved a first close of Ancala Infrastructure Fund II at EUR133 million (US$156.4 million). The core infrastructure fund is targeting commitments totalling EUR600 million (US$705.5 million), with further closes expected this year.
Macquarie Infrastructure and Real Assets (MIRA) has announced the final close of Macquarie Super Core Infrastructure Fund (MSCIF) Series 1 at EUR2.5 billion (US$2.94 million), exceeding the fund's initial minimum target of EUR1.5 billion (US$1.76 million).
The Sejm of Poland, the lower house of the country's parliament, has voted to amend the law on public-private partnerships (PPPs).
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.