Philippines proposes $4.4bn SWF

Filipino lawmakers have proposed a bill to establish the country’s sovereign wealth fund with an initial investment of $4.4 billion to support the archipelago’s economy

Tiger secures $40m for Philippines telecoms tower

A multilateral is considering providing a $40 million loan to Filipino telecoms company Tiger Infrastructure Philippines for developing telecommunication towers in underserved regions of the archipelago country

Q1 first close for recently-launched vehicle

A recently launched vehicle with an equity strategy targeting brownfield European assets launched in November and is targeting first close in Q1 2023, according to sources close to the matter

Basalt first close within days

Basalt Infrastructure Partners is approaching first close “within days” on its fourth vintage of an Atlantic-focused, multi-billion dollar infrastructure fund, according to sources close to the matter

EQT Infrastructure to acquire calibration lab business

EQT Infrastructure has entered exclusive negotiations to acquire a majority stake in Trescal – a global provider of calibration laboratories from OMERS via its EQT Infrastructure V fund

MAM close for Super Core second series

Macquarie Asset Management has hit final close on its second series fundraising for its Super Core Infrastructure strategy – which now has €12.6 billion of combined commitments

Rahimzada moves to Ashurst

Ashurst has hired Simon Rahimzada as partner from King & Spalding to bolster the firm’s MENA corporate practice in the United Arab Emirates

DIF picks up majority stake in German fibre business

DIF Capital Partners is set to acquire a majority stake in Ruhrfibre to support the build-out of a large-scale fibre network in Essen, targeting around 150,000 households

Eurazeo fund closes at €210m

Eurazeo has reached a €210 million first close on its transition infrastructure fund ETIF with commitments from several institutional investors, including a €75 million cornerstone investment from the European Investment Fund

John Laing hires sustainability chief

International investor John Laing has hired in Sandrine Lalmant to take on the newly-created role of head of sustainability

Invesis acquires UK-based Asanti Datacentres

Invesis, a global investor and developer of sustainable infrastructure, has entered the digital infrastructure sector with the acquisition of UK data centre operator Asanti Datacentres

US national holiday - Thanksgiving

The North American market will be off from 24 November to celebrate Thanksgiving

TNG refinances for German fibre roll-out

German fibre-to-the-home provider TNG has secured a €325 million financing package to accelerate the roll-out of its fibre network across rural and semi-rural areas in northern Germany and Hesse

DigitalBridge buys Malaysian data center operator

DigitalBridge Group funds affiliated with DigitalBridge Investment Management have acquired an ownership stake in Aims Group – operator of highly-connected ecosystem-centric data centers based in Malaysia from Time dotCom Berhad

UPDATE: UK alt net to undergo capital raise

Non-binding offers are due next week for Gigaclear's imminent capital raise with UBS enlisted to handle the process, according to a source