A prominent UK-based infrastructure investor since its 2006 participation in the £2.8bn takeover of Associated British Ports, the M&G-managed fund has now completed its fundraising effort ahead of expectations and 60 percent invested on close.
3 min read · 22 January 2013
Private equity, real estate and infrastructure are the asset classes most likely to see increased allocations from LPs, according to a trio of recent studies.
2 min read · 22 January 2013
The volume of real estate sales has increased this year as corporates struggle to access traditional sources of capital, according to a property report. Real estate services firm Jones Lang LaSalle says in its latest Global Real Estate Capital Report that 'sale and leaseback' transactions should reach $34bn by the end of the year.
3 min read · 22 January 2013
The Shanghai-based investment firm will invest $30m for a 25 percent stake in a joint venture with Chinese developer, China Housing & Land Development, to build a 79-acre mixed-used project.
1 min read · 22 January 2013
The $280m real estate JV vehicle between Blue Vista Management and Place Properties – Place/BV Student Housing Fund – has invested $47m in two student accomodation deals in the US. The fund targets the acquisition and development of off-campus student housing.
1 min read · 22 January 2013
Oklahoma-based Laredo, seeded by Warburg last year, has used equity financing from the New York-based firm to make acquisitions and continue drilling in the ‘mid-continent’ region of the US.
1 min read · 22 January 2013
New LPs accounted for half the commitments to the London- and New York-based firm’s second fund since spinning out of hedge fund group Soros Fund Management.
1 min read · 22 January 2013
A company called PILinvests, which is owned by Australia’s Valad Property Group, is raising a closed-ended fund of funds to invest in the European vehicles of its parent.
1 min read · 22 January 2013
The Oregon Investment Council has made a $100m commitment to Guggenheim Fund IIA. The investment was conditional on the vehicle raising $300m, including at least $50m from new capital sources.
1 min read · 22 January 2013
The California-based placement agent also estimates that $21.5bn has been raised for infrastructure in the first nine months of 2008, which is less than the $34.3bn raised last year, but more than the 2006 total of $17.9bn.
3 min read · 22 January 2013
