The California-based placement agent, Probitas, also estimates that $21.5bn has been raised for infrastructure in the first nine months of 2008, less than the $34.3bn raised last year.
2 min read · 05 January 2013
The previously-announced sale of minority stakes in Copenhagen and Brussels aiports, approved by Macquarie Airports shareholders on Friday, will constitute Macquarie European Infrastructure Fund III’s debut transaction. Targeting north of €5.5 billion in commitments, it is Macquarie’s largest pan-European infrastructure fund.
2 min read · 05 January 2013
The Canadian pension's negative returns of 19.5% in public markets and 13.7% in private equity were partially offset by gains of 11.5% in infrastructure and 6% in real estate. OMERS' assets are now valued at C$44bn, versus C$52bn at the end of 2007.
3 min read · 05 January 2013
Funds with riskier investments should weigh their managers' compensation plans with greater helpings of carried interest, while those managers of less risky assets should be paid a more routine base salary and bonus, according to a recent report from Mercer.
2 min read · 05 January 2013
The 2008 Mercer Asset Manager Fee Survey found that fees for alternative strategies like private equity fund of funds and infrastructure held steady throughout 2008, but the firm expects them to come under pressure in 2009 due to investor dissatisfaction.
2 min read · 05 January 2013
After three prior attempts to initiate takeover discussions with the Toronto Stock Exchange-listed income fund, Borealis Infrastructure, the infrastructure investment arm of OMERS, has finally completed a long-coveted acquisition.
2 min read · 05 January 2013
Effective 1 January 2009, Sir John Collins, former chief executive officer of oil giant Shell’s UK operations, will join the company’s six other non-executive directors.
1 min read · 05 January 2013
The sale reduces the private equity firm’s stake in its infrastructure investment group from approximately 43% percent to 33%.
2 min read · 05 January 2013
The sale of a 3 percent stake in French water and waste management services provider Saur Group provides a partial exit to the private equity firm and brings in a new owner, Luxembourg-based CUBE Infrastructure fund.
2 min read · 05 January 2013
Dominique Senequier, CEO of AXA Private Equity, listed ageing infrastructure, regulation and new services among the drivers of infrastructure investment needs in OECD countries. Asian economies also face steep financing needs but offer more attractive returns.
2 min read · 05 January 2013
