Oaktree Transportation Infrastructure Fund achieves final close at US$1.1 billion
Oaktree Capital Management has closed its Transportation Infrastructure Fund at US$1.1 billion. The fund is focused on investments in the US transportation sector, the first and only fund to do so.
Oaktree's earnings report detailed that the firm's assets under management increased by US$0.2 billion from Q1 to Q2 2018. Oaktree has attributed this primarily to new capital commitments to the Oaktree Transportation Infrastructure Fund and also the Oaktree Special Situations Fund II, which amount to US$2.4 billion altogether.
The fund achieved its first close in April at US$282 million.
Country updates
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July 24, 2018
Four teams bid to modernise police headquarters in Washington, D.C.
The District of Columbia's Office of Public-Private Partnerships has announced that it has received four responses to the Request for Alternative Proposals-Qualifications (RFAP-Q) for the Hen...
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July 20, 2018
Dartmouth College hires Goldman Sachs to analyze power PPP project
Dartmouth College has hired Goldman Sachs consultants to explore options to construct a new power plant. The College is also expecting to transition its steam heating system to a more effici...
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July 20, 2018
North Tarrant Express P3 in Texas enters operations phase
Cintra U.S. has announced the “substantial completion” of the US$1.6 billion North Tarrant Express. Under a P3 contract awarded in 2013, the Ferrovial subsidiary has reconst...
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July 17, 2018
Plenary Group team wins student accommodation P3 in Indiana, USA
Plenary Properties Purdue LLC has been selected as the preferred proposer to design, build, finance, operate and maintain the two new housing facilities on Purdue University's West...
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July 16, 2018
Draft RFP for courthouse PPP in Florida
The Public Works Department of Miami-Dade County, south-east Florida, has published a draft Request for Proposals for the design, construction, financing, operation and maintenance of a ...
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