Home FoFs


YIELCO adds partner number four

The Munich-based alternative assets advisory firm, which provides access for investors to infrastructure and other asset classes, has bolstered its ranks with the appointment of Armin Otterbach.

Infra: the new fixed income

BlackRock acquired Swiss Re PE partly to offer its clients a substitute for low-yielding fixed income assets and believes infrastructure is the best replacement.

CapDyn chief steps into chairman role

Thomas Kubr, founding CEO of the Swiss fund of funds, is moving into an executive chairman position to focus on client development and strategy; CFO Stefan Ammann will become CEO.

BlackRock swoops for Swiss Re portfolio

The US investment manager has agreed to acquire Swiss Re Private Equity Partners, the European private equity and infrastructure fund of funds arm of the Swiss insurance and reinsurance firm.

BlackRock raises $252m for clean energy

The partnership between BlackRock Alternative Investors and Irish clean energy developer NTR has raised capital from 18 investors, according to SEC filings.

PA SERS to overhaul alternatives

The $24bn pension has made $125m in re-up commitments as part of its new strategic investment plan.

CDC posts first loss for three years

UK development finance institution CDC Group saw a swing of £341m from profitability in 2010 to a £72m loss last year, despite putting more capital to work in developing countries last year.

Second chances

Is infrastructure too geared towards long-term holds for a meaningful secondaries market to evolve? There is growing evidence to the contrary

IFC, UK launch renewable fund of funds

The investment arm of the World Bank and the UK government are investing a combined $153m to kick-start the IFC Climate Catalyst Fund, described as a private equity fund of funds targeting clean energy projects across the world.

Groupama plans PE sale, MBOs may arise

French insurer Groupama has put its entire private equity arm up for sale. Quartilium, which is the largest part of the business, committed to three infrastructure funds last year.

Copyright PEI Media

Not for publication, email or dissemination