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Jordan Stutts

The City of Fishers in central Indiana is seeking developers to submit proposals to build a new police station and public parking garage.
The infrastructure developer’s North American president has resigned to join the company’s board, and is replaced by a member of its executive management team, Brian Budden.
Among the investors are Goldman Sachs, Global Atlantic Financial Group and FS Investments, which is sub-advised by Blackstone’s credit business GSO Capital Partners.
The joint investment platform between two Canadian pensions said it will raise $500m and commit $200m in equity to construct the projects.
Managers are raising record amounts of money but dry powder is building up as investors increasingly worry about compressed returns, according to a Probitas Partners survey.
The asset manager has had a busy week, also agreeing to a $750m credit facility and an 80MW solar acquisition in Utah.
United Wind has agreed with Tokyo’s electric utility to take its small-scale turbine leasing model to Japan.
Matthew Wade, a former Royal Bank of Canada director, is the latest addition to IFM Investors’ North American team after hiring two directors earlier this month.
The London-listed infrastructure fund followed its first US deal with a $32m investment in subordinated debt secured by military housing assets.
MIC purchased one of the largest solar farms in Utah and increased its renewables portfolio capacity to 350MW.
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