Fundraising

The mid-market fund manager has already committed around $200m from its sophomore vehicle.

The two sovereign wealth funds are investing an additional $395.4m in Greenko as the Indian renewables developer acquires a smaller rival.

The Japanese insurer has emerged as an anchor investor in M&G’s European infrastructure debt fund as the UK asset manager looks to raise €286m from Asian LPs.

RM Funds is launching an open-ended lower risk/return alternatives fund to cater to investor caution in the face of an increasingly challenging macro environment.

The vehicle raised more than €500m beyond the hard-cap in its latest round, with a third series in the offing.

The new vehicle has been split into two sub-funds, with one reserved for those targeting higher returns.

The new vehicle’s portfolio includes 12 solar projects acquired from the $80m greenfield renewables fund the Japanese asset manager liquidated earlier this year.

The firm has topped the $3.5bn fundraising goal for its Macquarie Infrastructure Partners IV vehicle and has yet to hold final close.

The country’s investors have shown a growing interest in overseas assets, primarily in regulated utilities, renewables and PPPs, according to Truston Asset Management’s head of alternative investments.

The US manager - which has just clinched a US transportation deal - may increase the vehicle’s limit to $7.2bn, as it eyes a final close this quarter.