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From hero to zero: The Hastings Funds Management story

'How can you have a $7bn business where performance has been very strong over 20 years, then have to shut the thing down?' asked one former director. We take a look at how it got to this point and the lessons learnt.

‘Even battle’ between energy and data for Brookfield Infrastructure’s capital

Brookfield Infrastructure pointed to key investments in energy assets and data centres during its third-quarter earnings call as a hint to where the company is most likely to deploy capital in the coming decade. Sam Pollock, chief executive of the listed infrastructure subsidiary of Brookfield Asset Management, said it will be “an even battle” between […]

What do LPs think about infra-like assets? Industriens Pension says they ‘play an important...

The €23bn Danish pension's director of private investments, Kasper Struve, is comfortable with such investments so long as they pass the ‘infrastructure test’.

Foreign assets boost CalPERS’ transport-heavy portfolio

Core assets, including transportation and power, account for 81% of the pension’s infra portfolio, returning 24.8% for the year ending 30 June.

Alaska SWF’s transport bet drives double-digit infra returns

The $66bn Permanent Fund Corporation has just committed to Morgan Stanley’s new India fund and co-invested alongside the manager in the North American midstream sector.

KKR raises year’s largest fund with $7.4bn close

The firm’s third vehicle is nearly two-and-a-half times larger than its $3.1bn predecessor, which was raised in 2015, and has secured two deals to date.

LISTEN: Where are hurdle rates trending?

With managers increasingly putting pressure on LPs to enter the carry early, Threadmark partner Patricia Wilkinson and PEI senior editors Bruno Alves, Jonathan Brasse and Toby Mitchenall look across asset classes to find out whether the status quo really is changing.

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.

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.

I Squared in four charts

As the manager gears up to raise as much as $7bn, we bring you interactive charts on its portfolio composition, team growth, performance and more (hover over to go full-screen).

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