Warren closes second small-cap fund at $550m

US-based Warren Equity Partners has closed its second small-cap fund at its $550 million hard cap, above an initial $450 million target

DIF opens office in Italy

DIF Capital Partners has opened an office in Milan, hiring ex-CDP Equity infrastructure head Roberta Battaglia to lead its operations

Actis promotes Vakilian and Carvalho to partner

Actis has promoted head of investor solutions Neda Vakilian and Davi Carvalho Mota – director of its long-life infrastructure strategy – to partner, effective 1 April 2024.

Majumdar promoted at StanChart, India

Pritha Majumdar has been promoted as a managing director, leverage and acquisition finance, Standard Chartered, India, effective immediately

StanChart appoints Ng as executive director

Standard Chartered Bank has promoted Sherina Ng to executive director, effective immediately

Nucor acquires data centre manufacturer in California

Nucor Corporation has acquired Southwest Data Products, a California-based manufacturer and installer of data centre infrastructure, for $115 million

Phoenix Tower receives investment from BlackRock and Grain

Phoenix Tower International has received investment from digital infrastructure investor Grain and BlackRock through their flagship funds and diversified infrastructure business respectively

BT, Global to upgrade UK digital infra

BT and British media group Global have teamed up to upgrade 2,000 payphones across the UK

GDS sells $587m stake to Hillhouse-led consortium

GDS Holdings has sold a 44% stake in DigitalLand Holdings, its international assets holding company, for $587 million, to a consortium led by Hillhouse and including Boyu Capital

Diamfab closes raise for semiconductors, France

French semiconductor diamond tech business Diamfab has completed the first round of fundraising to accelerate its diamond deeptech development

Jamaica seeks advisers for broadband PPP

The International Finance Corporation has issued tenders seeking advisers for a large-scale broadband project in Jamaica

MasMovil, Orange merger completes, Spain

MásMóvil and Orange Spain’s 50:50 merger has completed with the new joint venture, known as MásOrange, starting operations yesterday

OIA launches $5.2bn Future Fund

The Oman Investment Authority launched a new economic development fund yesterday

TPT launches infrastructure fund for DC pensions

TPT Retirement Solutions has launched a global infrastructure fund to provide UK defined contribution pension scheme members with exposure to infrastructure assets

SMBC promotes head of North America infra finance

Sumitomo Mitsui Banking Corporation Americas has named Quynh Tran as joint general manager and deputy head of global structured finance, effective 1 April 2024