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I Squared in first full Fund I realisation with $580m sale

Lincoln Clean Energy is the first of the 15 portfolio companies to be fully exited by the vehicle, which is currently generating a 18.2% net IRR.

CalSTRS aspires to ‘asset manager’ role as it considers GP acquisitons

The pension could one day acquire a fund or specialist manager in the infrastructure, agriculture or timber sectors, although it has no imminent plans to do so.

CDPQ and AMP Capital back US telecoms towers group with $500m

The debt investment, which could reach $1bn, will support Tillman Infrastructure’s rollout of about 1,500 cell towers across the US.

Longroad sells largest solar facility in Texas for $105m

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.

CalPERS seeks secondaries lawyers

The pension fund is looking for law firms to help it exit private investments, according to a request for proposals.

Brookfield continues buying spree with midstream acquisition

The Canadian fund manager has agreed to buy Enbridge’s Western Canadian natural gas gathering business for an enterprise value of $3.3bn, following its $1.1bn acquisition of AT&T’s data centres.

CalSTRS hires CFO from another public pension fund

Julie Underwood spent eight years as CFO at San Bernardino County Employees’ Retirement Association, which has $9.9bn in assets under management.

Manulife moves into asset management with $2bn first fund close

The John Hancock Infrastructure Fund will allow the Canadian insurance giant to 'invest in larger sizes and an even larger amount of the transactio'.

BlackRock scores guarantee for second Norwegian wind deal

The Norwegian Export Credit Guarantee Agency is helping to secure the PPA for the 197.4MW wind farm bought by GRP II, the firm’s latest renewables fund, now more than 75% deployed.

CalSTRS lands next-generation ‘superstar’

UC Regents’ Scott Chan will be second-in-command to Christopher Ailman, who has led investment at the pension for almost two decades.

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