The $154 billion state pension has purchased a controlling stake in US multifamily developer LCOR from the estate of the former Wall Street banking giant for $820 million.
2 min read · 15 January 2013
Olli Rehn's recent comments on using the EIB's project bond initiative to boost growth have snowballed into talk of an EU Marshall Plan to end Europe's woes.
3 min read · 15 January 2013
Tom Donovan, an eight-year veteran of Credit Suisse’s senior distribution team, will lead the placement agent’s efforts in North America.
2 min read · 14 January 2013
A consortium led by Macquarie Infrastructure and Real Assets and including British Columbia Investment Management, ADIA and MEAG has bought some 12,000km of gas pipelines, known as Open Grid Europe, from German utility E.ON.
2 min read · 15 January 2013
Canada Pension Plan Investment Board head David Denison credited the asset class for growing the pension fund system in Canada. He also advised consolidation amongst the UK pension system.
2 min read · 15 January 2013
The London-based financial advisory business is expected to join a growing contingent of players looking to capitalise on the UK’s debt funding void.
2 min read · 15 January 2013
AnaCap Financial Partners has met its £350m hard cap for its second credit opportunities fund, which raised almost six times as much capital as its first 2010-vintage debt investment vehicle.
2 min read · 14 January 2013
Capstone will pay off debt using cash generated from its sale of 20% of Bristol Water. The UK water utility marked the first-ever non-energy Capstone investment.
1 min read · 15 January 2013
The Blackstone Group’s ‘tactical opportunities’ business is targeting $3bn to $5bn, which will be raised through the formation of separate, customised accounts with limited partners.
3 min read · 14 January 2013
A mandate to operate Luis Munoz International Airport is now a race between Highstar Capital and Macquarie Group. Meanwhile, the PPPA has extended its deadline to bid on its maiden social infrastructure project.
2 min read · 15 January 2013
