Home Authors Posts by Jordan Stutts

Jordan Stutts

GIP raises $13.5bn for Fund IV, eyes September final close – exclusive

Nearly 150 LPs have committed to GIP IV, which will follow the same strategy as its predecessors and target 15%-20% gross returns.

Fengate closes half-committed Fund III on C$1.1bn

The Toronto-based firm was part of a consortium that brought a $500m US airport PPP to financial close last week.

Mercatus webinar: Standardised data the ‘holy grail’ of ESG investing

More investors view ESG investing as important, but want standardised benchmarks to better understand how it is making a difference.

Developers accept full revenue risk in Newark Airport PPP

The private companies that will develop a rental car facility at Newark Liberty International have foregone an availability payment for the risk and reward of full revenue control.

IFM makes US midstream splash with $10.3bn Buckeye purchase

Australian fund manager adds $6.5bn in equity value to the $12bn it has invested in US infrastructure since 2006 by acquiring the petroleum distributor.

Brookfield Fund IV to hold $14bn first close in May

With a first close equalling its predecessor’s final close, the manager's fourth flagship infrastructure fund is ‘on pace’ to be its largest infra vehicle.

Goldman Sachs hires energy infra specialist from KKR

Cedric Lucas has joined the New York-based investment bank seven months after the private equity firm closed its third infrastructure fund on $7.4bn.

Data assets a likely landing spot for recycled Brookfield Infrastructure capital

The Toronto-based fund manager is looking to make up to $2bn from selling assets, and views data infrastructure as a promising area for investment.

A deal-sourcing head start

An agreement with AECOM to source projects and a focus on greenfield make AVAIO Capital stand out from the mid-market pack.

Macquarie secures 20 years of shipping business after $1.8bn deal

A minimum-volume commitment for an Asian shipping company to use the Long Beach Container Terminal in California ‘implies’ a 12x EBITDA margin over 20 years, a source said.

Copyright PEI Media

Not for publication, email or dissemination