Infrastructure
ICICI Venture hires for infra fund
ICICI Venture, the private equity arm of ICICI Bank, has hired Manikkan Sangameswaran, former chief of Babcock & Brown Infrastructure’s BBI.AX India unit, to head up its new infrastructure business.
CapAsia recruits 3i's Osborne, Pru's Martin
Fresh from its rebranding, infrastructure investor CapAsia, previously CIMB Standard Strategic Asset Advisors, has recruited two senior professionals, David Osborne, formerly Partner and head of the Asia buyout team at 3i Group, and Craig Martin, previously...
Temasek discusses Indian roads fund
Singapore SWF Temasek Holdings is in talks with Indian authorities to create a fund of up to $2 billion to finance opportunities in the Subcontinent's roads and transport sector, according to Kamal Nath, the country's Minister for Road Transport and Highways.
Miranda to yield IDFC PE CEO slot
Luis Miranda, incumbent president and founding CEO of the $1.3 billion Indian infrastructure-focused private equity firm IDFC Private Equity, is to step down to assume a role as non-executive chairman from November 2010.
Fund structure for infrastructure
Infrastructure is now broadly recognized as a global market, yet there are marked differences based on region and substantial variations in risk.
Argonaut, Ascent join IDFC for $100 million GMR investment
Argonaut Private Equity and Ascent Capital have joined IDFC in the latest investment round for GMR Energy, the energy division of Indian conglomerate GMR Group, to invest a total of INR465 crore ($100 million).
GMR gains $75 million more from IDFC
Following reports that it was seeking further funding, India's GMR Energy has now secured approximately $75 million from IDFC Group, the prominent local infrastructure finance conglomerate, for a significant minority stake.
Miranda to step down as IDFC PE CEO
Luis Miranda, incumbent president and CEO of the $1.3 billion Indian infrastructure-focused private equity firm IDFC Private Equity, is to step down to assume a role as non-executive chairman from November, according to a statement from parent group IDFC.
IL&FS, Darby, others bid for Axis Private Equity
Six bidders, including veteran Indian private equity firm IL&FS Investment Managers and Darby Private Equity, as well as Aditya Birla Private Equity and Shapoorji Pallonji Group, are apparently bidding for Axis Private Equity, following parent Axis Bank's...
Infrastructure Q&A: Luis Miranda
Luis Miranda, President and CEO of IDFC Private Equity, talks about the Indian infrastructure opportunity, and international interest.
IDFC Project Equity appoints Aggarwal MD Investments
Leading Indian infrastructure investor IDFC Project Equity has announced the internal promotion of a senior member of its energy team, Aditya Aggarwal, to the post of managing director in charge of investments.
Actis JV with Tata targets up to $2b
Realistic expectations for Indian roads investments
CPP IB OTPP Transurban bid may fail on share sale
The Canada Pension Plan Investment Board (CPP IB) and Ontario Teachers' Pension Plan (OTPP)’s joint A$6.8 billion ($6.2 billion) bid for Australian toll roads operator Transurban Group may fail due to the target's decision to sell A$542 million ($490.5...
Actis said launching $2 billion roads JV with Tata
UK emerging markets investor Actis Capital is launching a JV with Indian conglomerate Tata Group to invest up to $2 billion over five years in India's roads.
Goldman and Macquarie close infra funds below target
After nearly two years in the market, both Goldman Sachs and Macquarie Group have closed infrastructure-focused private equity funds, with much more fundraising difficulty than they encountered with their last vehicles.
Dissecting the Asian infrastructure opportunity
The sky is the limit for infrastructure investing, but how do firms actually tap into the prospects?
Ashmore partners with PTC on India fund
Ashmore Investment Management, the London-headquartered emerging markets investment manager, has partnered with PTC India, a power trading solutions company, on a private equity fund to be launched later in the year, according to PTC.
Building a better Asia – public, private, partnerships and profits
Asian infrastructure, the best investment opportunity yet?
HSBC Infrastructure III first close on $580 million
HSBC has had a first close on its fourth and latest infrastructure vehicle, HSBC Infrastructure Fund III, at $580 million, against a final target of $1 billion.
Bridging Asia’s infrastructure bottleneck
Infrastructure investors step up
CalPERS to commit $1.3 billion to infra
Leading US LP the California Public Employees' Retirement System (CalPERS) is to commit some $900 million to infrastructure GPs and invest $400 million directly, according to an internal statement to its investment committee.
Asian Genco power win sets no precedent
Test case for India infrastructure a landmark and an anomaly
UK's PSource plans China infrastructure fund
PSource Capital, a London-based alternative fund management and consulting firm, plans to form a China-focused infrastructure fund with seed capital of several hundred million dollars, committed by an unidentified Chinese investor.
Second 3i infra fund within 12 months: Ahuja
Speaking to media in India, Anil Ahuja, head of 3i Asia, has said that the leading London-headquartered private equity group will commence fundraising for its second Indian infrastructure fund within the next 12 months.