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The Australian fund manager will target both domestic and offshore investors in 2019 as it seeks to raise a total of $723.5m for investments at home and in New Zealand.
The Hawaiki cable deal is the Australian firm’s first telecoms investment, which it plans to use as a launchpad for further opportunities in the sector.
Institutional clients will receive ‘tens of millions’ of dollars as the majority of the fund manager’s investments meet or outperform objectives.
The Sydney-based fund manager has appointed Plenary Group’s Daniel Pilbrow as it seeks to capitalise on opportunities in the healthcare sector resulting from demographic changes.
Infratil and Mercury launched a joint bid to take 100% ownership of Tilt Renewables, which holds 11% of Australia’s installed wind capacity.
Clean Energy Finance Corporation makes $112m commitment to the new closed-ended fund that will target ‘high-growth’ assets.
The US-based renewables developer, backed by NZ Super and Infratil, is also proceeding with the construction of the 238MW Rio Bravo wind farm in the same state.
Matt Whineray, who has been with the vehicle since 2008, will take the helm of the $26.3 billion fund on 1 July.
Macquarie Group’s investment arm has tapped Tesla veteran Greg Callman to lead its efforts in energy storage and distributed solutions, areas it predicts will have a ‘transformational role’ in the coming decade.
The $202m acquisition of Origin Energy’s Acumen marks the Australian firm’s first investment through SAF, a vehicle it is currently raising, and the launch of a new JV with Landis+Gyr.
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