The Vietnamese asset management and investment firm plans to begin raising the fund by the end of 2009. It will be Vina’s fifth fund, alongside three UK-listed and one unlisted investment fund the firm manages.
2 min read · 05 January 2013
Blackstone aims to be among the infrastructure mega-funds, having put a pre-marketing target range of $3bn to $5bn on its debut infrastructure fund. Rival KKR is raising $4bn for its maiden infrastructure fund, while Macquarie is seeking $6bn for its second global fund.
1 min read · 05 January 2013
The private equity veteran will not apply the standard ‘2-and-20’ fee structure on its infrastructure fund, which is targeting $4bn.
2 min read · 05 January 2013
The American Society of Civil Engineers also assigned a cumulative grade of D to the nation’s infrastructure. It is the fourth time the US earned that grade in the study, while the estimated spending needed to improve the state of the infrastructure continued to climb from $1.6tn in 2005.
3 min read · 05 January 2013
A new report also predicts two million jobs could be created by 2010 if global private equity infrastructure funds were geared to 60% and invested in the US alongside federal stimulus.
2 min read · 05 January 2013
The trend was one of a number of observations shared by banking executives speaking at a debt financing roundtable at PEI’s Infrastructure Investor Forum in Berlin.
2 min read · 05 January 2013
The global energy buyout firm reportedly committed $500m of equity toward the Longview Power Plant’s construction from its Fund XI.
1 min read · 05 January 2013
The former Greenhill investment banker will join the ranks of five other directors at the global energy buyout firm, which is in the midst of raising its 12th energy fund targeting $12bn. Ortega joined First Reserve in 2007 and worked as a vice president.
1 min read · 05 January 2013
Despite the departure of George Bilicic as its head of infrastructure, the buyout shop is forging ahead with plans for its foray into the asset class.
2 min read · 05 January 2013
The firm began the fundraising effort for its fifth energy fund in summer 2008 and held a first close on $670m in November. If successfully raised, it will be the largest fund it has yet raised for the sector, which has seen continued fundraising strength.
1 min read · 05 January 2013
