Infrastructure
Quay Partners appoints Australia investment manager
John Zaknic has joined Quay Partners as an investment manager in Sydney. The appointment is one of a series of senior hires as the Australian fund-of-funds and advisory firm builds its newly established infrastructure team.
China Everbright-Macquarie infra fund makes first investments
The Greater China Infrastructure Fund, a $1.5 billion vehicle jointly launched by Macquarie Group and China Everbright, has made its first investments in two Chinese companies.
Nomura to launch Indian infrastructure fund next year
Japanese financial group Nomura Holdings has announced it will launch an India-focused infrastructure fund as early as next year.
IFC to deploy up to $600m in Indonesia next year
International Finance Corporation (IFC), the investment arm of the World Bank, plans to deploy $400-600 million in Indonesia during the 2013 fiscal year, having committed $300 million to eight projects in 2012.
Carlyle names Robert Mancini co-head of infrastructure fund
The Carlyle Group has appointed Robert Mancini from Goldman Sachs as managing director and co-head of its global infrastructure fund. He will work alongside founding co-head Robert Dove and is expected to start the new role by year-end.
Bain, KKR target 30% stake in Lanco power business - report
Bain Capital and KKR are reportedly in discussions with Lanco Infratech to buy a 30% stake in its power projects. Lanco has been trying to raise around $750 million in equity since the start of the year.
Equis invests $200m in Thai solar assets
Singapore-based infrastructure GP Equis Funds Group has reportedly channeled $200 million into acquiring 100% of a portfolio of solar energy assets in Thailand.
Philippines launches first infra fund
The decision to become the first-ever Philippines-dedicated infrastructure fund can’t have been easy one. As with any vehicle, a number of criteria needed to be in place to ensure the success of the Philippine Investment Alliance for Infrastructure (PINAI)....
Daewoo to set up $1b fund with US partner
South Korean brokerage Daewoo Securities’ Hong Kong unit has reportedly teamed up with a US-based private equity firm to set up a $1 billion fund to invest in social infrastructure projects.
Colonial First State buys TDF's broadcasting assets in Finland
Colonial First State, an Australian wealth manager owned by Commonwealth Bank of Australia, has agreed to buy French broadcasting group TDF’s Finland business. The company, known as Digita, owns Finland’s largest broadcast tower network as well as offering...
Macquarie raises $625m for Philippines' first infra fund
Macquarie Group has announced a first and final close on $625 million for its Philippine Investment Alliance for Infrastructure (PINAI). It is the first-ever Philippines-dedicated infrastructure fund.
Morrison & Co raising $1b for NZ infra fund
Australasian infrastructure investor Morrison & Co. is reportedly looking to raise up to $1 billion for a private equity fund that will target low-risk global infrastructure projects.
3i India completes investment in Supreme Infrastructure
3i India has completed its minority investment in a portfolio of four road companies held by Supreme Infrastructure India (SIIL), a Mumbai-based infrastructure company.
BlackRock to acquire Swiss Re Private Equity Partners
BlackRock is buying Swiss Re Private Equity Partners (SRPEP), the European private equity and infrastructure fund-of-funds arm of Swiss Re. The transaction will allow BlackRock’s existing FoFs group – BlackRock Private Equity Partners - to extend its...
Australia's Hastings raises $626m for infrastructure fund
Hastings Funds Management announced that its Utilities Trust of Australia (UTA) has reached a first close on its infrastructure fund with commitments of A$610 million ($626 million). The amount is in line with expectations outlined in January 2012 and...
Standard Chartered PE commits $22m to India's Karaikal Port
Standard Chartered Private Equity (SCPE) has invested INR1.3 billion ($22.8 million) in Karaikal Port, a unit of Indian infrastructure and real estate company Marg Group. It joins existing PE shareholders IDFC Project Equity, Ascent Capital Advisors and...
Morgan Stanley invests $210m in Continuum Wind Energy
Morgan Stanley Infrastructure Partners has agreed to buy a majority stake in Continuum Wind Energy for INR12 billion ($210 million). The Singapore-based company, which was set up Essar Group executive Vikas Saraf and investment banker Arvind Bansal, runs...
Morgan Stanley in talks to buy Lanco's road assets
Morgan Stanley Infrastructure Partners, a $4-billion global infrastructure fund, is in early discussions with Lanco Infratech to buy its 401km of highway projects.
AMP Capital makes clean energy investment in India
The AMP Capital Asian Giants Infrastructure Fund (AGIF) has bought a minority stake in Indian clean energy company Shalivahana Green Energy (SGEL) for almost $29 million.
Hawkesbridge backs Colemans
Australian private equity firm Hawkesbridge has acquired a stake in Australian fencing infrastructure firm the Colemans Group.
Private equity firms target $500m for Myanmar investments
Leopard Capital and Cube Capital are among the Asian private equity firms looking to raise nearly $500 million for investments in Myanmar. It is hoped that the removal of trade sanctions imposed on the Southeast Asian nation will create opportunities...
L&T Infra to raise $250-300m from PE investors
L&T Infrastructure Development Projects (L&T IDPL) is in talks with private equity investors to raise $250-300 million.
AMP Capital acquires Australian schools project for $232m
Asset manager AMP Capital has received approval to acquire the South Australian Schools Public Private Partnership (PPP) project for an enterprise value of $232 million.
Indian infrastructure funds face rocky road ahead
Private equity has been one of the engines for India’s infrastructure growth, but delays in project approvals, inexperienced GPs and the tough fundraising environment remain hurdles to overcome