Bruno Alves
Much as renewables are driving sector-focused equity fundraising, the same movement is being seen on the debt side, with digital infra potentially not far behind.
Early signs indicate the nascent asset class is proving resilient to the pandemic’s shock, its first big test.
The fact that workplace diversity played a role in Chicago Teachers’ recent $50m infrastructure allocation underlines how important the issue is becoming to LPs.
Twenty-nine investors from Europe and the Middle East contributed $2.15bn to the total over the past year-and-a-half.
UK infrastructure projects vehicle could raise up to £500 million as AllianzGI reveals it has committed £1bn to projects so far.
The mezzanine investment comes from the manager’s recently closed third fund, which closed on its $2.5bn hard-cap.
With the possible exception of hurdle rates, LPs can count victories on management fees, carry and the growing number of bespoke structures being employed.
The unit is hoping to sign its first mandate with the group’s insurance company and will focus on senior investment-grade infrastructure debt.
Global Infrastructure Partners Capital Solutions Fund is buying the majority of a $135m senior secured term loan for a 453MW power plant portfolio owned by Heorot Power.
.jpg "Macquarie establishes US infra debt team")
Macquarie Infrastructure Debt Investment Solutions has appointed two veterans to expand its global $4.4bn debt business as it eyes US energy, transport, telecoms and social infra P3s.