The Sub-Saharan Africa-focused fund has attracted commitments from CDC and IFC. It will invest around 50% of its capital in infrastructure-related projects.
2 min read · 08 February 2013
The Sub-Saharan Africa-focused fund has attracted commitments from CDC and IFC. It will invest around 50% of its capital in infrastructure-related projects.
2 min read · 08 February 2013
Thayer will buy $307m for Interstate Hotels & Resorts in a 50-50 partnership with Shanghai Jin Jiang International Hotels. IHR shareholders have yet to vote on the plans.
2 min read · 08 February 2013
In 2009, Americans have received warning after warning that their governments face alternatively a ‘decade of debt’ or a ‘lost decade’ due to massive, painful and protracted budget deficits that are here to stay. Opportunities are abound for infrastructure investors – but so are the pitfalls.
5 min read · 08 February 2013
Infrastructure news from around the world
7 min read · 08 February 2013
F&C and Altamar have both closed funds this week, as they seek to capitalise on emerging secondaries opportunities.
2 min read · 08 February 2013
Thanks to a C$227.5m recapitalisation of the Dokie Wind Project in British Columbia, the first phase of the 300 megawatt wind farm will resume construction. Work halted on Dokie last year after now-bankrupt developer EarthFirst Canada could not finance the project.
3 min read · 08 February 2013
Mansco Perry, the chief investment officer of the Maryland State Retirement Agency, says the pension system views real estate as a long-term asset class, still wants real estate fund managers … but wants fees to come down. By Robin Marriott
3 min read · 08 February 2013
The provider of junior capital to Central and Eastern European businesses has held a €140m first close on its second fund.
2 min read · 08 February 2013
Barry Sternlicht, CEO of Starwood Capital, warns the US government's bailout programmes are not needed in today's markets as capital looks to the asset class in the search for yield.
2 min read · 08 February 2013