Fundraising

The private equity and infrastructure manager has already held discussions with ‘investors from all walks of life’, partner George Ridd tells us.

The joint venture marks a first for both: the launch of an infra business for the Bahrain-based private equity firm and a new geography for the UK-based asset manager.

The investment in a fibre network on the French island of Réunion is the first by the team formed in April last year by the former EDF Invest infrastructure arm.

Macquarie Infrastructure and Real Assets has revealed that it raised A$8.7 billion ($6.2 billion; €5.5 billion) of new equity in the three months to 31 December 2018. The figure includes A$7.4 billion of equity raised in Europe alone, most of which was for Macquarie European Infrastructure Fund 6. Infrastructure Investor reported that MEIF6 had raised […]

The US-headquartered firm’s initial vehicle posted better results in its $377m of senior debt investments than when also taking mezzanine positions into account.

New Energy Capital Partners has closed its second clean energy credit fund on its recently announced hard-cap of $500 million. The fund manager, based in Hanover, New Hampshire, said every investor that committed to its first credit vehicle – which closed on $325 million in 2017 – participated in this fundraising, leading New Energy Capital […]

The new vehicle this week added Vantage Airport Group and plans to focus its strategy on airport and airport-related investments.

The move could see the group raise up €1bn for its equity vehicle, in a diversification from its managed account investment strategy.

A $3.3 billion midstream investment and an undisclosed transportation deal are the first steps toward building what Blackstone hopes will become one of the largest infrastructure businesses in the world, the firm’s executives said. The New York-based firm announced in a statement it had purchased a 44 percent stake in Tallgrass Energy, a midstream company […]

The fund is targeting a net return of 10%, with the firm’s two previous funds both generating IRRs of about 13%.