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APG and Corsair Capital have claimed victory in their bid for Itínere, although Globalvia insists its accepted bid in July remains valid.
While ‘room for improvement’ remains in ESG asset reporting, there has been a notable increase in funds submitting themselves to the body’s assessments – up 17% on last year.
The deal would see CKI sell a number of APA’s assets in Western Australia but is still subject to Foreign Investment Review Board approval.
The French manager has recently acquired a live salmon transportation business. We ask Agri Investor editor Matthieu Favas to tell us in which bucket the asset should sit.
Legal disputes, annual calls to annul it and an anniversary that sets the stage for six decades of private-sector upside make the deal a case study in the dangers of misaligned interests.
The French firm achieved a 100% re-up rate amid growing investor appetite, particularly from North America and Asia.
James Gordon has joined the group as an investment director, following a raft of senior staff departures earlier this year.
The firm’s third vehicle is nearly two-and-a-half times larger than its $3.1bn predecessor, which was raised in 2015, and has secured two deals to date.
The fund manager attracted more than double the number of LPs that had invested in its debut vehicle, while Fund II had a re-up rate of more than 80%.
The firm has lured Macquarie Capital’s midstream MD Ed Winter, while appointing Guillaume Vandewalle to the debt team.
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