Latest Funds Analysis

  • As I was saying…

    After 10 years as an infrastructure journalist and three as a head hunter in the same space, Angus Leslie Melville has returned to IJGlobal and is resuming his Friday afternoon editorial slot…

  • North American funds: The bigger kids on the block

    A few weeks ago, US-based private equity manager Blackstone announced the launch of a $40 billion infrastructure fund, which is set to become the largest fund ever raised in this sector

  • UK pension funds dip into water utilities

    While infrastructure funds are the most prevalent shareholders of 25 regulated water utilities in England and Wales, the recent sale of Affinity Water is due to feature UK local authority pension funds co-investing alongside fund HICL

  • Acquisition of 61% of National Grid Gas Distribution, UK

    The auction of a majority stake of National Grid’s four UK gas distribution networks presented a rare opportunity for largest asset managers, sovereign wealth and pension funds to deploy bulky equity cheques

  • Data analysis: Diversification targeted for funds raised in Q1

    The first quarter of 2017 has seen high volumes of capital being raised at a global level, with 22 unlisted, closed-ended funds raising $33.9 billion in total, according to IJGlobal data

  • M6 Toll: IFM Investors grasps the majority stake

    Creditors Mizuho Bank and US hedge fund Centerbridge Partners have sold their debt in the M6 Toll to Macquarie Bank in a deal which blindsided the wider creditor committee and prompted IFM to scamble to take a controlling stake in the asset

  • Northwest Parkway acquisition, US

    The financing of the acquisition of the Northwest Parkway toll road in Denver, Colorado, has gone beyond prior toll road acquisitions last year to further utilise and test the liquidity of the US private placement market

  • The rise of the core-plus fund manager

    Recent final closes on core-plus and value-added funds prove there is institutional investor appetite outside of core infrastructure

  • “Standard Aberdeen” and UK infrastructure

    Standard Life this week announced a £3.8 billion takeover deal of rival asset management firm Aberdeen Asset Management. But what does it mean for the pair's infrastructure activities?

  • Data Analysis: Car parking companies - future risks, or opportunities

    Roughly three years after buying French car parking business Indigo, long-term investors Ardian and Predica are already reviewing a full or partial sale. With another multi-billion sale of European car parking giant Q-Park further advanced, infrastructure and private equity investors bidding for these businesses will be considering game-changing shifts in the industry perhaps not so far away.

  • Fund analysis: AMP Capital global infrastructure platform

    On 12 January 2017, AMP Capital announced the final close at $2.4 billion of its global infrastructure platform, which includes the AMP Capital Global Infrastructure Fund (GIF) and the relaunched Strategic Trust of Europe (SITE)

  • Data Analysis: Strong fundraising pace in 2017

    The final close of Global Infrastructure Partners III (GIP III) at $15.8 billion has pushed total funds raised globally in the first month of 2017 to some $23 billion

  • Who owns your electricity grid?

    Electricity distribution assets are considered to be some of the most critical infrastructure in a country. Many developed markets have openly questioned the national security implications of foreign ownership of such infrastructure assets, particularly by Chinese investors

  • 3i's acquisition of EISER Global Infrastructure Fund portfolio

    In December 2016 EISER agreed to sell the portfolio of the mature EISER Global Infrastructure Fund to a new 3i-managed fund vehicle, funded by existing LPs and new pension fund capital. Increasingly fund managers are finding solutions to allow LPs of closed-ended funds to stay invested, at a time when high liquidity means reinvestment risk is not welcomed

  • Data analysis: 2016 European uneven fundraising pace

    2016 has seen an uneven pace in fundraising activity among closed-ended, unlisted infrastructure and energy funds in Europe

  • Nice and Lyon airports privatisations, France

    The privatisations of both the Nice and Lyon airports in France were won by airport operator-led consortia, with the valuations of both assets roughly the same

  • Infrastructure debt funds: US in focus

    Carlyle Group has just closed on a major energy sector debt fund, and various other managers are fundraising to target similar investments

  • Germany’s smart meters market heats up

    The upcoming sales of Techem and ISTA, the two dominant German smart metering providers for heat and water, could go for approaching €4 billion ($4.44 billion) each, and for both mandated financial advisers are already preparing to launch sale processes

  • Ausgrid Acquisition, Australia

    After the surprise rejection of two Chinese bids for electricity transmission network Ausgrid, IFM Investors and AustralianSuper kept the deal on track by swooping in with an unsolicited proposal.

Analysis Archive

Related News

Related Reports