Infrastructure
Goldman Sachs said halving infra fund target
Goldman Sachs has reportedly cut the original $7.5 billion target size for its Goldman Sachs Infrastructure Partners II fund by more than half.
Desai quits E&Y to raise ENAM infra fund
Jayesh Desai, hitherto senior partner and National Director for Infrastructure, Real Estate and Government at Ernst & Young in India, is leaving E&Y to join brokerage and asset management group ENAM, where he will launch an infrastructure fund.
JPMorgan closes $858.6 million Asia infra fund
JPMorgan Asset Management has announced the close of its JPMorgan Asian Infrastructure & Related Resources Opportunity Fund at $858.6 million.
Jain leaves IIF
Ajay Jain, one of the founding principals at IDFC Project Equity's $927 million India Infrastructure Fund, is leaving the firm to head the Indian infrastructure initiative of an unnamed US company.
BTS targets new $150 million Indian clean energy fund
BTS Investment Advisors, a private equity fund jointly headquartered in Zurich and Mumbai, will raise a new $150 million fund focused on the clean energy space.
Berkeley raises $74.3 million for renewables
Specialist energy Berkeley Energy has had a first close of their Renewable Energy Asia Fund at €50.7 million ($74.3 million), which plans to invest in renewable energy projects in India and other markets across developing Asia.
Macquarie plans Korea infrastructure fund II
Macquarie Group is reportedly looking to launch a new infrastructure vehicle in Korea, Macquarie Korea Opportunities Fund II, as a follow-on to its successful Korean infrastructure fund, potentially targeting up to $1 billion.