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Dalmore and Equitix make $1.9bn move for JLIF

The deal would give the duo a weighty PFI portfolio, while capping off a challenging 12 months for the listed fund.

Long-awaited Navi Mumbai airport PPP reaches financial close

India’s GVK moves the $2.3bn greenfield development, initially approved in 2007, to the construction phase.

UK infra market at ‘crossroads’, report finds

Some 84% of investors surveyed told law firm DLA Piper that infrastructure project proposals in the UK have become too politicised.

The ADB backs PPP model with new financial products

The bank has created a financing facility, on a pilot five-year basis, that will help private concessionaries secure timely payments from the government.

Vietnam ‘frustrates’ investors with PPP law stumbles

The country, one of the fastest-growing economies in Asia, is facing an infrastructure bottleneck with no new PPP projects signed since 2011.

MIRA’s Philippines infra fund yields double-digit returns

While the infrastructure fund manager has ruled out a second PINAI fund, it is exploring other opportunities in the country in separate discussions with the fund’s LPs.

Dai-ichi Life commits €80m to M&G’s infra debt fund

The Japanese insurer has emerged as an anchor investor in M&G’s European infrastructure debt fund as the UK asset manager looks to raise €286m from Asian LPs.

Vietnam raises private capital requirements for PPPs

The government has updated its legislation, increasing investors’ required equity participation from 15 to 20 percent of the cost minus the state’s contribution.

Malaysia’s new government to rethink all foreign contracts

The country’s newly elected prime minister, Mahathir Mohamad, orders overseas projects, including the HSR and One Belt One Road schemes, to be scrutinised.

DIF closes its largest fund on revised €1.9bn hard-cap

Managing partner Wim Blaasse tells us how the PPP veterans plan to attack a lumpy market at a time of heightened competition and why it’s a good time to be a seller in renewables.

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