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LACERA planning first infrastructure investments for next year

An advisor to the $52.7bn pension recommended new strategies, including infrastructure investments, to ‘enhance the fund’s risk-adjusted returns’.

Stonepeak: ‘We live and die by the results of what we do’

'Appalling’ timing gave founders Mike Dorrell and Trent Vichie a rough time at Blackstone. But that tough formative experience gave birth to one of the asset class’s standout operators. With their $7.2bn third fundraising behind them, we find out what’s next.

New Jersey governor signs legislation expanding the state’s PPP options

Bill S-865 allows more government bodies to enter into public-private partnerships, which are no longer limited to social infrastructure and can now include roads.

CPPIB’s Q1 results in four charts

The Canadian pension is targeting a C$40bn infrastructure portfolio within five years, after adding C$400m in assets from March to June this year.

How Trump’s new foreign investment rules affect infrastructure

A ‘paradigm shift’ in US regulation could lead to foreign investments, even for minority stakes, submitted to mandatory reviews.

Brookfield to launch Fund IV in Q4

The Canadian firm’s CEO says market conditions should drive the vehicle to top its $14bn predecessor.

Digital Colony beats $3bn target after Q2 fundraising

The fund, a joint venture between real estate investor Colony NorthStar and telecoms company Digital Bridge, is soon expected to hold final close.

TD Group forms Canada’s largest manager with $605m Greystone buy

Greystone, a C$36bn fund manager acquired for its ‘leadership in alternative investments’, will be rebranded TD Greystone Asset Management.

Privatising US airports ‘does not solve any specific problem’

The Eno Center for Transportation argues ‘privatisation for its own sake is bad public policy’ but is not averse to public-private partnerships when appropriate.

Brookfield, iCON bet on asset leasing with new deals

Both fund managers are investing in Canadian companies offering water heating and air conditioning leasing services.

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