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Troubled Australian financial services giant AMP Ltd will evaluate offers for all assets and businesses, including AMP Capital, in a ‘considered and holistic manner’.
GI 50 Sept 2020
The full list of the 50 largest institutional investors in global infrastructure.
Mental health
The private equity firm is one of several to have launched programmes to help employees get through the crisis.
Maryland’s Purple Line light-rail disaster offers a chilling reminder of the risks public stakeholders can pose to procurement.
The Swedish firm is more than halfway to its €1bn target and could seek further commitments from investors outside the Nordics.
JANA says it ‘will not recommend any AMP Capital strategies to clients or recommend that clients add to existing investments’ due to concerns over the firm’s decision-making and culture.
AMP Capital chairman John Fraser also resigned along with AMP Ltd chairman David Murray as shareholder pressure leads to changes at the top.
‘Unanticipated concerns’ from AEMO over Dundonnell Wind Farm caused Tilt to signal that it will fall below its earnings guidance range this year.
Infrastructure
Stafford expects infrastructure secondaries deal volume to almost double by 2025 to $10bn.
Despite a sharp fall in energy demand and power prices earlier this year, PPA activity has remained strong. But another record year is no slam dunk.
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