Zak Bentley
The close comes after a ‘strict and intellectually rigorous process’ to roll over assets from the Italian group’s first fund, chief investment officer Carlo Michelini tells us.
The sale of Indigo Pipelines is the first exit from Scottish Equity Partners’ Environmental Capital Fund, which raised $176m in 2014, targeting a 14% IRR.
Our interactive presentation goes behind the data making up the Infrastructure Investor 50 ranking, which has increased by 23%.
Thomas Kalthöfer joins Deutsche Bank’s listed asset management arm as the ninth addition to the infrastructure team in the past 12 months.
Plans to expand the LP base to more institutional capital beyond the current DFIs would bring the fund to just over €500m.
Fund IV will pursue a broadly similar strategy to that of its predecessors, focusing on Europe but also investing outside the region on an opportunistic basis.
Dumfries and Galloway Royal Infirmary operates under Scotland’s Non-Profit Distributing model, an adaptation of the UK’s PFI scheme which was abolished this week.
Chancellor Philip Hammond insisted present contracts will be honoured but vowed to never again sign a PFI or PF2 project.
The €23bn Danish pension's director of private investments, Kasper Struve, is comfortable with such investments so long as they pass the ‘infrastructure test’.
The fund is targeting €7.5bn and has set a hard-cap of €9bn, more than double the €4bn raised for Fund III in 2017.