Carlyle’s debut $1.1bn infrastructure fund has posted a gross IRR of 5% and a net IRR of -2% as of 30 June, according to IPO documents. But one of the fund’s LPs said IRR was not a valuable gauge of the fund’s ultimate performance.
3 min read · 06 January 2013
Rift Valley Railways, which operates in Kenya and Uganda, has received financing from a host of investors including the African Development Bank and the International Finance Corporation.
2 min read · 06 January 2013
Senior figures at Evercore Private Funds Group said the first quarter was one of the worst for fundraising in years, adding a large capital overhang was one constraint holding LPs back from making new commitments.
3 min read · 05 January 2013
The Blackstone Group’s infrastructure team will rebrand as Stonepeak Infrastructure Partners, which will be led by Michael Dorrell (pictured) and Trent Vichie.
1 min read · 05 January 2013
John Bryson, former CEO of Edison International, has served as a senior advisor to KKR’s infrastructure team since 2008.
2 min read · 05 January 2013
The deal marks KKR's first investment in European renewable energy. Partners Group is expected to co-invest in the venture.
2 min read · 05 January 2013
The Marcellus Shale and its supporting infrastructure continues to attract private equity firms keen to benefit from the US natural gas play.
2 min read · 05 January 2013
EIG Global Energy Partners has closed its first fund since its spinout from Los Angeles-based asset manager TCW late last year above its $2.5bn target and its hard cap of $3.5bn.
2 min read · 05 January 2013
The Swiss fund-of-funds manager is acquiring Pennsylvania solar energy projects from US developer Tangent Energy Solutions. Capital Dynamics also agreed to fund future projects developed by Tangent.
1 min read · 05 January 2013
The US infrastructure firm plans to invest €300m over the next three years in agri.capital, a German biogas company whose previous backers included Frog Capital.
2 min read · 05 January 2013
