The EC and EIB’s plans to credit-enhance private sector infrastructure bonds do not guarantee those bonds an A-rating, Fitch has said in a report.
2 min read · 15 January 2013
Portugal will have to look into its PPP contracts with a view to ‘reduce the government’s financial obligations’ as part of the €78bn EU/IMF bailout provided to the country. The bailout also encourages the government to try and reduce feed-in tariffs for existing renewable contracts.
2 min read · 15 January 2013
The bankruptcy of the South Bay Expressway in Southern California demonstrates why it’s good the infrastructure lobby doesn’t always get what it wants in Washington DC.
3 min read · 15 January 2013
A combination of abundant natural resource and government support has made Latin America – and Brazil and Mexico in particular – increasingly attractive to infrastructure funds eyeing renewables. Alexandra Atiya reports
6 min read · 15 January 2013
The Hong Kong-based investment management firm expects the hybrid hedge and private equity fund to reach $1bn in AuM within three years.
1 min read · 15 January 2013
Partners Group chief executive Steffen Meister tells PE Asia why the firm has ramped up direct investing and what it finds alluring about Asia.
6 min read · 15 January 2013
Limited partners have been slowly opening up to new VC relationships now that the industry has shrunk and top managers are back to courting investors
9 min read · 15 January 2013
The National Audit Office has issued a report calling in strident terms for alternatives to the Private Finance Initiative (PFI) to be considered. PFI, which is the UK’s standard method of procurement for infrastructure projects, has come under increasing fire for allegedly failing to provide value for money.
2 min read · 15 January 2013
After six months of foreclosure proceedings, failed joint venture negotiations and a bankruptcy court hearing, Garrison Investment Group finally wins control of a Virginia office complex. But at what price? PERE magazine, May 2011 issue
4 min read · 15 January 2013
Alabama-based alternatives asset management firm Harbert Management Corporation has raised €110m for its Harbert European Real Estate Fund III fund. The firm is expected to close fundraising for the vehicle later this year.
2 min read · 15 January 2013
