The pension is also planning on making $400m of direct investments in infrastructure in 2010 as it further builds up a team to make such investments, according to a presentation prepared for the investment committee of the $205.8bn pension.
2 min read · 05 January 2013
The United States Infrastructure Corporation finds and marks where underground gas, telephone, electrical or cable lines are located before construction begins.
1 min read · 05 January 2013
Diloshini Seneviratne, a senior investment officer on CalSTRS' private equity team, will lead the $133bn pension's foray into infrastructure. CIO Chris Ailman told PEI the private equity 2-and-20 model doesn't make sense for infrastructure.
3 min read · 05 January 2013
Susan Healy, a veteran of Babcock & Brown and The Carlyle Group, assumed the position effective this month. In related news, First Reserve hired Chris Pieterson of CP Eaton as vice president in investor relations and co-investment in the firm’s London office.
2 min read · 05 January 2013
Henning Eckermann, the Swiss alternatives manager’s chief economist, warned investors gathered at the Infrastructure Investor: Europe 2010 forum that developed markets face 75% chance of inflation in the range of 5% to 7%. As a hedge, he recommended they increase their exposure to real assets.
2 min read · 05 January 2013
The sale, expected to net the Macquarie International Infrastructure Fund about $171m, will be a ‘significant milestone’ for the firm, according to CEO John Stuart, because it will mean its portfolio will comprise entirely of direct investments in Asian infrastructure assets.
2 min read · 05 January 2013
The infrastructure market is too underdeveloped to be worth the risk, the $30.5bn pension said, deciding to hold off on committing to the asset class.
2 min read · 05 January 2013
The head of Global Infrastructure Partners, a firm formed by Credit Suisse and GE Infrastructure in 2006, explains why the infrastructure asset class is poised for further growth. Among other issues, hear him discuss GIP's deal for London City Airport and why he doesn't like toll roads in InfrastructureInvestor's first multimedia presentation.
1 min read · 05 January 2013
Discussing his experiences with London City Airport, GIP's flagship airport asset, Adebayo Ogunlesi also said infrastructure assets like airports are not immune to economic downturns.
2 min read · 05 January 2013
Chris Pietersen will become vice president in investor relations and co-investment in the energy-focused firm's London office.
2 min read · 05 January 2013
