The proceeds from the new fundraising will be used to buy nine operational PPP projects from John Laing, increase a stake in an existing project, and reduce the fund’s debt. The fund is also in negotiations to acquire a ‘small portfolio of third-party social infrastructure assets’.
2 min read · 15 January 2013
The Transmission Capital Partners consortium, which includes London-listed investor INPP, has announced financial close on the £36.5m Barrow offshore transmission project. It’s the third transaction of its type that the consortium has closed so far this year.
2 min read · 15 January 2013
Providence Equity Partners has hired Tao Sun to head its China investments.
2 min read · 15 January 2013
The UK-listed firm has hired leveraged finance veteran Rob Reynolds to lead its credit-focused fund.
2 min read · 15 January 2013
Providence Equity Partners has hired Tao Sun to head its China investments.
2 min read · 15 January 2013
John Laing Infrastructure Fund has spent close to £23m to acquire a 50% stake in a Scottish hospital PFI from the Commonwealth Bank of Australia. The fund has also extended a revolving credit facility with Royal Bank of Scotland by £35m.
2 min read · 15 January 2013
As distressed investment managers around the globe prepare for opportunities in the sinking markets, PAG has closed its first-ever distressed fund for Asian assets from distressed sellers.
2 min read · 15 January 2013
As distressed investment managers around the globe prepare for opportunities in the sinking markets, PAG has closed its first-ever distressed fund for Asian assets from distressed sellers.
2 min read · 15 January 2013
Private equity in Turkey has been on the up for a few years now, without ever quite taking off. But stars seem to be aligning in its favour.
3 min read · 15 January 2013
The PR-22 deal is the debut PPP from the Puerto Rico Public-Private Partnerships Authority, not to mention the first brownfield toll roll project in the US since 2006.
2 min read · 15 January 2013
