The European Union will earmark €230m to road-test the EIB’s initiative to credit-enhance private sector infrastructure bonds. It is expected that this commitment could unlock some €4.6bn in private investment.
2 min read · 15 January 2013
The Canada Pension Plan Investment Board is now the biggest pension fund in Canada with C$161bn. Its infrastructure investment paid off handsomely, returning 12.8%.
2 min read · 15 January 2013
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
The $12.78bn retirement system has invested $100m across five funds since its February meetings.
2 min read · 14 January 2013
Senior managing director Timothy White will transition out of GSO after the group eliminated its ability to make private equity investments in its second mezzanine fund.
3 min read · 14 January 2013
A portfolio of 50 percent stakes in three of Centro Retail Australia’s marquee shopping centres has been sold to Stan Perron, the Perth-based billionaire, ahead of investors such as TIAA-CREF, CPPIB and Australian fund manager QIC, in deal valued at A$690.4 million.
2 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
Emerging Asia, especially India and China, should expect increased deal activity during the next 12 months, according to a private equity report from Ernst & Young.
2 min read · 14 January 2013
