M&A

As the digital economy expands, physical networks that move goods, energy and industrial inputs are becoming more essential than ever, writes Instar Asset Management's Daniel Perruzza.

Managers are seeking to add value through professionalisation as well as scale.

ECP partner Matt Delaney sees LNG as a ‘long-term fuel’ in the UK energy mix as the country faces ‘declining UK shelf production’.

M&A activity started the year strongly, shrugging off wider macroeconomic uncertainties.

Macquarie will retain its Australian public investments arm, while partnering with Nomura on alternative fund distribution in the US.

Apollo is the latest manager to join the GP consolidation trend, adding the core-focused Argo to its value-add platform.

Aware Super senior portfolio manager Maria Donnelly walks us through portfolio company Vocus’ A$5.25bn bolt-on fibre acquisition.

With infra outperforming practically every other private asset class, and a difficult macro environment persisting, the M&A activity seen in the last two years is probably just the beginning.

The proposed merger of IFM Investors and ISPT is the latest in a string of examples of GPs seeking to combine infra and real estate strategies.

The Australian superfund-owned managers would combine infra and property expertise, but stakeholders say they have distinct governance arrangements that will be hard to reconcile.