Adam Le
Sellers are demanding a high price despite a widening quality gap among infrastructure funds, fresh research shows.
Total deal volume in the first half fell to around $17bn, according to the advisory firm’s mid-year report.
Partners Group was one of the LPs who sold stakes, while SL Capital Partners was part of a group who either acquired new stakes or increased their exposure to the €2.2bn vehicle.
The London-based infrastructure firm is seeking a fund extension for its €2.2bn fund and needs enough LPs – existing or new – to agree.
The chief executive of the National Investment Corporation has left days after saying the country's National Oil Fund would run out of money.
BAE Systems’ pension fund achieved a high price for its stake in DeAWM-managed RREEF Pan-European Infrastructure Fund, according to a source close to the deal.
The Edinburgh-based firm has bought a stake in a Macquarie vehicle from a Norwegian investor.