A bill recently passed in Arizona provides an example of how investors can help get the haulage industry on board for PPP enabling legislation in the US, writes Cezary Podkul.
2 min read · 08 February 2013
The publicly listed alternative investment firm will sell Class A shares to repay a portion of its outstanding debt as well as generate working capital that may be used to fund GP contributions to Fortress funds.
2 min read · 08 February 2013
The head of North American infrastructure banking at Royal Bank of Scotland told delegates at a New York conference that they can expect deal sizes under $1.5bn in the current market but should not rule out larger transactions, which ‘still can get done’. The key is to enhance value for both parties to the transaction.
3 min read · 08 February 2013
Mark Florian, who heads the energy-focused private equity firm’s infrastructure team, told attendees at the New York State Infrastructure Summit today that new forms of financing should be utilised for such a project to have real value.
3 min read · 08 February 2013
The bill that will determine funding for much of the US’ surface transportation needs for the next six years has been delayed by the economic stimulus legislation but may go to the House as early as next month.
3 min read · 08 February 2013
The global mid-market firm has done Brazil’s biggest private equity deal this year with the purchase of a 30% stake in CETIP, the largest central depository for private fixed income securities and over-the-counter derivatives in Latin America.
2 min read · 08 February 2013
Meridiam, a European infrastructure fund, has been quietly buying up projects in North America. Cezary Podkul explores why it could suddenly explode into view as a big player
7 min read · 08 February 2013
How hard will problems at 3i Group hit its 33% subsidiary 3i Infrastructure, asks Paul Jarvis
6 min read · 08 February 2013
At the moment, private investment is largely limited to heavy infrastructure such as roads and ports. But lack of cash might force governments to accelerate the pace of social infrastructure development, which looks increasingly impossible without outside cash. Paul Jarvis reports
8 min read · 08 February 2013
Chicago has been forced to shelve plans to lease Midway Airport, but this reflects problems in the financial markets rather than with public private partnerships
3 min read · 08 February 2013
