Infrastructure
Australia's Future Fund invests in Gatwick Airport
The Future Fund, Australia’s Sovereign Wealth Fund, has reached an agreement to buy a 17.2 % stake London’s Gatwick Airport from the Global Infrastructure Partners (GIP) for approximately $200 million.
TPG and GIC invest in Indonesian miner
TPG Capital and Singapore sovereign wealth fund GIC has brought a stake in PT Delta Dunia Makmur, Indonesia’s second largest coal mining contractor. The investors bought non-voting shares in Northstar Tambang Persada Ltd, a special purpose vehicle which...
Religare Capital names Anwar Head of Middle East
Religare Capital, a subsidy of Indian financial services group Religare Enterprises, has named Shehzad Anwar as the head of its Middle East business, charged with bolstering its regional practice.
Headland Capital makes $8.8 million investment in Indian telecom infrastructure provider
HHeadland Capital Partners Limited (Headland), formerly known as HSBC Private Equity (Asia) Limited, has invested Rs. 400 million ($8.86 million) in the second round of financing conducted by Microqual Techno Ltd., one of the leading Indian telecom infrastructure...
CLSA Capital Partners makes debut Pacific Transportation deal with OSL
CLSA Capital Partners has announced the first investment from its Pacific Transportation Asia logistics and shipping private equity unit, with a majority investment in OSL Holdings Ltd., a Hong Kong-based dry bulk ship owner and operator.
China to dominate Philippine ferries through Negros deal
The China-ASEAN Investment Cooperation Fund, through its wholly owned subsidiary China-ASEAN Marine, has invested in Negros Navigation, conditional on the ferry operator purchasing a 93.2% stake in Aboitiz Transport System (ATS) for $105 million, which...
Port of Brisbane goes for $2.3 billion
In the latest big infrastructure deal to come out of Australia, Q Port Holdings, a consortium comprising Australia’s Industry Funds Management (IFM), funds managed by the Queensland Investment Corporation (QIC), US infrastructure firm Global Infrastructure...
GIP, QIC, ADIA pick up $2.3 billion Brisbane port franchise
Q Port Holdings, a consortium comprising US infrastructure firm Global Infrastructure Partners, Australia's Industry Funds Management, funds managed by the Queensland Investment Corporation (QIC), and Tawreed Investments Ltd., a wholly-owned subsidiary...
3i announces $182 million GVK Energy investment
3i Group has announced a $182 million investment from its 3i India Infrastructure Fund as leader in a total RS1200 crore ($260 million) funding round for GVK Energy Ltd., a subsidiary of leading Indian infrastructure developer GVK Power and Infrastructure...
India's all-inclusive infrastructure rollout
Huge infrastructure development schemes have been underway across most of Asia’s developing economies for some years now, especially in India and China.
Macquarie retrenches infrastructure vehicles
Macquarie Group has made a broad pullback in the infrastructure fund sector that has been long associated with the Australian investment bank. Changes include offering investors a fee discount; sacking 60 of its infrastructure staff, around 10% of the...
KKR and Korea's NPS team up for Colonial US pipeline investment
Kohlberg Kravis Roberts & Co. (KKR) has joined forces with Korea’s National Pension Service (NPS) to take a 23.44% stake in Alpharetta, GA-headquartered Colonial Pipeline Company, in a deal said to be worth about KRW1 trillion ($895 million).
India's GVK Power said still in talks with SCPEL, TPG
GVK Power and Infrastructure Ltd., an arm of Indian conglomerate GVK, is continuing talks with TPG Capital, Standard Chartered Private Equity Ltd. (SCPEL) and Morgan Stanley's infrastructure fund to invest some $250-300 million for up to 30% of its Mumbai...
KKR takes stake in Avantha Power
Kohlberg Kravis Roberts & Co. has become the latest leading private equity firm to tap into India's infrastructure sector, with an INR217 crore ($49 million) pre-IPO investment into Avantha Power & Infrastructure Ltd., a division of the $4 billion Avantha...
TPG's Bonderman meets Indonesia's Vice President, discusses aviation, infrastructure
TPC Capital, already a participant in the Indonesian market through its relationship with Northstar Capital, has signaled its interest in investing in Indonesia's aviation and infrastructure sectors, a government spokesperson said earlier this week.
CIC, OP Financial invest $16.5 million in Kazakhstan
SWF China Investment Corporation (CIC) has reportedly teamed with Hong Kong-listed investment firm OP Financial Investments to invest in Kazakhstan.
Partners Group finances Newcastle Coal in Australia
Partners Group, the Zug-headquartered Swiss private markets investment management group, has financed the Newcastle Coal Infrastructure Group in Australia with an A$27 million ($25 million) subordinated debt facility, to build a new coal export terminal...
Bain's Sankaty opposes TPG-led Alinta rescue in Australia
Sankaty Advisors, the special situations/credit affiliate of Bain Capital, is opposing the bailout plan led by TPG Capital's TPG Opportunities Partners unit, with Oaktree Capital and Anchorage Advisers, for struggling Australian power producer Alinta...
Alinta's future hinges on private equity consortium deal
Australian power generation company Alinta Energy Group has been in talks with TPG Capital’s debt investment arm, TPG Opportunities Partners, to restructure the company, pending the outcome of an earlier proposal by the company for trade sales plus an...
Reliance/GTL deal off
The $11 billion merger of Reliance Infratel, Reliance Anil Dhirubhai Ambani Group's cellular tower arm, and Indian independent telecoms major GTL Infrastructure, has been called off after parties failed to reach an agreement, nixing prospects for investment...
CPPIB on the (Aussie) road again
In a deal that looks set to transform the regional infrastructure and private equity investment numbers for 2010, Canada Pension Plan Investment Board (CPPIB) has received a formal recommendation from the board of Australian toll road player Intoll Group...
CPPIB Intoll deal rolling for $3.01 billion
Canada Pension Plan Investment Board (CPPIB) has received a formal recommendation from the board of Australian toll road player Intoll Group for its A$3.4 billion ($3.01 billion) privatization offer, a 2.5% increase on its original bid price in mid-July....
DE Shaw and Reliance Industries to launch $800 million infrastructure fund - reports
DE Shaw and Indian energy powerhouse Reliance Industries are slated to link to launch a $700-800 million infrastructure fund.
Norwest, Xander Group take stake in Sadbhav Infrastructure
PE players Norwest Venture Partners and The Xander Group have taken a more than 22% stake in road- and highway-development focused Sadbhav Infrastructure Project Ltd., forking over INR200 crore ($42.7 million) apiece for their control.