May 2016 Issue

    Month: May
    Year: 2016

    Back to Print Editions

    Powering ahead

    Energy dominated our rankings over the last quarter, giving a jolt to dealflow in Western Europe. Japanese banks led the pack in reaping the spoils, writes Matthieu Favas

    CalPERS boosts infra target

    The $288bn pension is looking to increase its infrastructure portfolio to $5bn via a total of 10 managers, writes Chase Collum

    CapDyn veterans start Quinbrook

    A year after leaving, three of the original founding members of CapDyn’s clean energy programme have started their own asset manager, reports Jordan Stutts

    Inside China’s One Belt One Road initiative

    Berwin Leighton Paisner partners Ilan Freiman and Nigel Ward explore what China’s initiative means for investors and the wider world.

    Best of both worlds

    While eschewing direct investments, Future Fund has the in-house capability to be an active co-investor. Wendy Norris tells Matthieu Favas and Bruno Alves what it took to invest A$8bn in infrastructure, why it’s rebalancing some of its portfolio and how the Fund’s distinctive strategy allows it to explore new ground.

    A global shopping spree

    Chinese investors are looking for diversification overseas, but regulation, unfamiliar business practices and security concerns are big obstacles, writes Nia Tam.

    Turning inward

    Infrastructure remains a top priority for the Chinese government, but the focus has changed to China’s second- and third-tier cities, reports Nia Tam.

    The next gen broadband catalyst

    The European Commission’s Anna Krzyzanowska tells Bruno Alves about how it hopes to crowd in private sector capital for its innovative new fund with the EIB

    Renewables’ supply-demand problem

    Renewables amount to 25% of PSP Investments’ infrastructure portfolio. CIO Daniel Garant tells Jordan Stutts why the pension might struggle to increase its clean energy exposure.

    A sinking feeling at the Port Authority

    While the bi-state agency recently pushed through the largest allocation in its history for major projects, it also demonstrated to the public sector how not to procure infrastructure projects

    A dragon tamed?

    American fears about the China-led Asian Infrastructure Investment Bank have so far proven to be exaggerated

    An ironic ‘no’

    After burning foreign investors in its Gassled gas network with a 90% tariff cut, the Norwegian government has decided it does not want the same fate to befall its $895bn sovereign wealth fund

    How to spend it

    What’s the most expensive object on Earth?

    Exhausting options

    The infrastructure world is working hard to avoid being disrupted by disruption

    Out with the old

    Openness, transparency and collaboration are not limited to Canadian Prime Minister Justin Trudeau’s campaign platform, they also feature prominently in his infrastructure plan, which is at the core of his economic agenda. Kalliope Gourntis reports

    Time to invest at home?

    Canada’s new government is making infrastructure spending a priority to boost the economy. Four industry professionals and Joel Kranc explore how this might affect prospects for private investors

    Bringing investors into construction projects

    Three years after its founding, La Financiera de Desarrollo Nacional is laying the groundwork for Colombia to grow its PPP programme beyond transportation. Chase Collum reports

    Innovation in road infrastructure

    Thierry Déau, Meridiam founding partner and chief executive, takes us inside two of the manager’s cutting edge initiatives: its managed lanes projects in Texas and Marseille’s L2 road

    Keep your seatbelt fastened

    Traffic recovery and abundant liquidity are good news for European toll road investors. But ratings agency data points to danger around the corner, reports Matthieu Favas