The fund has bought out all non-Barclays investors in another Barclays private equity-managed fund, Infrastructure Investors. The transaction is meant to give the newly raised fund ‘critical mass from the outset’.
2 min read · 05 January 2013
Though the results reflect a slowed investment pace constrained by bank lending, the listed infrastructure fund headlined £50.3m in profits. Managing partner Michael Queen said 3i Infrastructure wants to be part of a Gatwick Airport deal.
2 min read · 05 January 2013
Pending a final decision due next year, the UK’s Competition Commission may require British airport operator BAA to sell the two airports in addition to its sale of London’s Gatwick Airport, which is already underway.
2 min read · 05 January 2013
The multilateral investment arm of the World Bank committed $300m toward the equity portion of the three-tier facility and will seek additional commitments of $1.2bn to $10bn.
2 min read · 05 January 2013
The Latin America-focused private equity firm’s $90m sale of the gas infrastructure facilities represents the second investment realisation from its Latin Power III fund.
2 min read · 05 January 2013
As the struggling Australian infrastructure specialist works to unfreeze more than A$100m held by Germany's HypoVereinsbank, its 12 listed funds are likely to carry on 'business as usual', according to a person familiar with the matter.
2 min read · 05 January 2013
The fund’s committed capital already eclipses the firm’s 11th energy buyout fund, which closed on nearly $8bn in 2006. The target is $12bn, which would make it the largest ever private equity fund to focus on the sector.
1 min read · 05 January 2013
The Houston-based energy investor started marketing the fund in the second quarter of 2008 and is targeting $2.75bn in total commitments. A first close was held in July, with subsequent closings since then.
2 min read · 05 January 2013
The mid-market energy investor is targeting $650m for the fund, which will also have a 15% allocation to coal investments in China. Quintana recently opened an office in Beijing to facilitate these investments.
2 min read · 05 January 2013
The deal will be the largest yet for the infrastructure heavyweight and its first in the toll road sector after its consortium's $12.8bn bid for the Pennsylvania Turnpike expired in September.
3 min read · 05 January 2013
