Brookfield and Infratil acquire Vodafone New Zealand in NZ$3.4bn deal

Brookfield Asset Management will hold its stake in its fourth infrastructure fund while Infratil will undertake an equity raising to help finance its investment.

PGGM flies into aircraft leasing with 25% Macquarie AirFinance deal

Dutch pension fund manager aims to address 'complex sustainability issues' the sector faces.
Madrid Spain

Asterion seals first digital infra deal

Acquisition of 11 data centres follows the Spanish firm’s recent launch of a renewables platform and marks the third investment through its debut fund.

Long-Term Asset Partners withdraws GrainCorp takeover bid

Recently formed asset manager said it ‘doesn’t have any plans at present to pursue other acquisitions’.

QIC in take-private discussions with fibre network operator Superloop

The Brisbane-based fund manager has made an offer that values Superloop at approx. A$493m as it continues to make investments through its Global Infrastructure Fund.

Finnish pension trio to plug €300m into renewables platform

New company has already deployed €90m, acquiring three operational wind farms with a combined capacity of 63MW.

Equip Super and Catholic Super announce merger to create A$26bn fund

The funds will maintain their individual brand identities but pool administration and investment resources under the deal.
container terminal

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.

Deal with Duke gives John Hancock renewables exposure

US power producer Duke Energy has sold a minority stake in its renewables portfolio to an infrastructure fund owned by Canadian insurance giant Manulife Finance Corporation. According to a statement released by Duke, John Hancock Investments, Manulife’s US capital management division, purchased a 49 percent stake in 37 operating wind, solar and battery storage assets […]

‘Deals like this don’t grow on trees’

For all those who wondered if consolidation would reach the upper echelons of alternative asset management, Brookfield Asset Management’s purchase of Oaktree Capital Management is your answer. The spate of M&As in the alternative asset space had largely been limited to smaller money managers, including the business development company sector, a space in which Oaktree […]
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