Details have been revealed of Carlo Puri Negri’s compensation deal for leaving Pirelli Real Estate as a board director two years earlier than originally planned. As well as a €9.4 million pay off, he will get €3 million over two years for not competing against the company and €800,00 a year for a consultancy role.
1 min read · 08 February 2013
Shareholders will vote today on the Dubai-based bank's fate; last month, they unanimously opted to keep the company a going concern.
1 min read · 08 February 2013
The president continued filling out the top echelon of the department by selecting Maryland Department of Transportation head John Porcari as deputy secretary.
2 min read · 08 February 2013
The famous investment banker credited with saving New York City from bankruptcy in the 1970s is now an advocate for greater federal spending on infrastructure, including public school buildings, which he called ‘a disgrace’ during a Sunday television program on CNN.
2 min read · 08 February 2013
Michael Kapoor discusses the new realities of fundraising for the infrastructure asset class.
3 min read · 08 February 2013
End of an era as Italy’s Pirelli Real Estate parts company with its charismatic vice president and chief executive, Carlo Puri Negri. Puri Negri says he hopes Pirelli will “emerge successfully” from the deep crisis in the property sector.
2 min read · 08 February 2013
Toll-road titillation and why infrastructure is family friendly
4 min read · 08 February 2013
Cezary Podkul breaks down Citi Infrastructure Investors’ $2.5bn all-equity bid for Chicago’s Midway airport.
8 min read · 08 February 2013
Cezary Podkul takes an insider’s look at how infrastructure financier Babcock & Brown amassed – and lost – an A$14 billion empire built on debt.
8 min read · 08 February 2013
The fundraising market has collapsed since September. Now funds must change strategy to tap the new money emerging from institutional investors. Michael Kapoor reports.
9 min read · 08 February 2013
