Launched in the beginning of 2008, the Standard Chartered IL&FS Asia Infrastructure Growth Fund is seeking a $1bn final close later this year.
1 min read · 21 January 2013
A Bilfinger Berger-led consortium was awarded the contract to design, build, finance and operate an 11km section of the country’s M80 motorway.
1 min read · 21 January 2013
Global Infrastructure Partners and a consortium consisting of Citi Infrastructure Investors, Vancouver Airport Services and John Hancock Life Insurance have emerged among the bidders for the UK’s second-busiest airport. The sale is expected to achieve a 'significant premium' to its £1.7bn reserve.
3 min read · 21 January 2013
Infrastructure and renewable energy are the hot sectors right now for private equity firms, but US President Barack Obama's plans for the sectors will determine how attractive they remain to private investors.
2 min read · 21 January 2013
President and chief executive of Allianz Real Estate Olivier Piani says it is the ‘best time’ to be growing a global organisation. The insurance company expects to grow its allocation to RE to 6% 'and maybe more', with up to a third focused on the US and Asia respectively.
2 min read · 21 January 2013
Kevin Zhang will end his 15 year-career with the bank, reportedly to join an unnamed China-focused private equity fund.
2 min read · 21 January 2013
A $6bn fund targeting financial services closed last year will downsize to $4.5bn in commitments. TPG is telling investors an influx of US government rescue cash to the sector has diminished opportunities.
2 min read · 21 January 2013
The real estate giant leaves behind a real estate empire that was purchased by CB Richard Ellis for $2.2bn in 2006, as well as a private investment office currently deploying $847m in capital. He died on 14 January after starting his real estate career in 1948.
1 min read · 21 January 2013
The Mumbai-based fund manager has closed on $150 million for its latest property fund, in which 3i is a key investor. The fund will invest in Tier 1 cities in India.
1 min read · 21 January 2013
The Toronto Stock Exchange-traded alternative asset manager has reduced the final target for its buyout fund to $4bn from $4.5bn, but can increase its commitment in the future.
1 min read · 21 January 2013
