Exits

The $28.5m transaction will see the Singapore-based fund manager exit from an investment it made in 2014 through its $100m third Asian infra vehicle.

Having realised about 40% of its debut infrastructure vehicle, the alternatives investment manager is looking to sell all of the fund’s assets by 2019.

The $375m deal will provide Three UK with access to a range of additional spectrum, allowing the mobile operator to expand into the fixed wireless broadband market.

The division is the latest asset of the defunct US solar developer snapped up by international investors.

The $90bn insurance company will sell a 73.1km motorway in Hunan to Shenzhen’s largest toll road operator.

The exit by Beijing Enterprises Water Group, a portfolio company of Khazanah Nasional and IFC, is a sign that further consolidation may be in the cards in China’s water sector.

The transaction will allow Spain’s Abertis to enter the Indian market at a time when it is looking to expand its Asian footprint.

Former domestic alternatives division head Lee Su-Cheol will replace Yang Young-Sig, who left the world's third-largest pension last month.

The firm has divested 14.3% of the business, which it originally invested in in 2005, through what it described as an ‘over-subscribed offering’.

A US energy group is paying $852m, including debt, to buy the 252MW Ventika wind project from the private equity firm.