The $231bn pension also plans to boost its exposure to private debt as well as specialty financing in emerging markets like China and Brazil.
2 min read · 15 January 2013
If Congress enacts the president’s budget, $450m will be available for the low-cost infrastructure lending programme next year, nearly four times more than current levels. The TIFIA programme would also be merged into a National Infrastructure Bank capitalised at $30bn over six years.
2 min read · 15 January 2013
Strong rebounds across the Permira portfolio were reported in SVG’s 2010 earnings statement, which also detailed £77.4m in private equity distributions linked to deals including TDC and Cognis.
2 min read · 15 January 2013
After hitting an all-time low of just $2.7bn of new CMBS issuance in 2009, the securitisation market is expected to originate up to $15bn per quarter in new deals, with large portfolio refinancings pushing the figure up to $65bn.
2 min read · 15 January 2013
Privately financed infrastructure projects in the UK may have been rated too conservatively according to an infrastructure investment analyst, who calls for a reassessment from the ratings agencies.
2 min read · 15 January 2013
The 6-year-old distressed debt affiliate — which is also rumoured to be raising a new distressed debt fund — beat its $400m target.
2 min read · 15 January 2013
Optimal conditions have arrived for greenfield PPPs in the US, but who will benefit? Andrew Fraiser of Allen & Overy examines the evidence.
6 min read · 15 January 2013
Infrastructure investment analyst Robert Bain suggests it might be time to re-assess the credit quality of UK public-private partnerships – a mature, resilient sector characterised by low volatility, essentiality, strong government support under successive political regimes and few defaults.
10 min read · 15 January 2013
France’s plans to launch a state-sponsored securitisation vehicle for the refinancing of PPP debt post-construction could end up being the long-awaited solution to bring the capital markets back into infrastructure financing. By Bruno Alves
5 min read · 15 January 2013
Spain’s macroeconomic problems have put off many real estate investors, but some hardy firms have managed to find attractive situations to invest in. PERE Magazine February 2011 issue.
10 min read · 15 January 2013
