China Mobile and China Unicom have partnered with a Filipino and a Malaysian company to develop a submarine cable connecting Hong Kong, Hainan, and Southeast Asian markets

AIIB and the government of Bangladesh have signed a $200 million on-lending facility to Infrastructure Development Co to finance infrastructure projects in the country

A new bill designed to finalise the setup of the UK Infrastructure Bank was announced in the Queen’s Speech yesterday

Internet service provider, Freedom fibre, is seeking investment in order to fund the expansion of its operations throughout the North West of England and beyond

Swiss Life has raised more than double the target of its flagship equity fund for a total of €3.5 billion for its third generation core and core + strategy

The OPEC Fund for International Development and the Asian Infrastructure Investment Bank have signed a new cooperation agreement

AXA Investment Management has promoted Jean-Baptiste Lefief to the role of global head of investor relations for alternatives

Las Vegas-based data centre company, Switch, is set to be taken private by DigitalBridge Investment Management and an affiliate of IFM Investors in an all-cash transaction valued at $11 billion

A consortium led by Macquarie Asset Management has acquired a significant minority stake in Bersama Digital Infrastructure Asia for around $610 million

Texan investment firm Quintana Infrastructure & Development and UK asset manager Astarte Capital Partners plan to form Quintana Adaptive Infrastructure Capital through a JV

Meridiam and the United Nations Capital Development Fund have agreed a framing agreement in relation to a partnership to establish and fundraise a vehicle for new urban infrastructure in developing countries

Amber Infrastructure Group has appointed Matthew Dooley as investment director

Spark New Zealand has formally launched the 2-part sale of a majority stake of its telecom towers business – Spark TowerCo – soliciting indicative bids by the first week of June

New Zealand-based infrastructure investor Morrison & Co has introduced a partnership model making up 14 members of staff to partner level as a part of the firm’s new operating model

Axiata has scheduled an EGM of shareholders to vote on its proposal to acquire a controlling interest in a provider of high-speed broadband and cable TV in Indonesia