The Egyptian private equity firm intends to invest the lion’s share of the capital raised from a US government agency in Egypt - including Egyptian infrastructure - to support the transformation of areas reeling from the Arab Spring.
The Egyptian firm intends to invest the lion’s share of the capital raised from a US government agency in Egypt to support the transformation of areas reeling from the Arab Spring.
UK-listed 3i attempted to placate investors by announcing a substantially increased dividend during its half year results presentation Thursday morning, as it revealed its portfolio had fallen in value by £523m.
Arup and the RAC Foundation have identified 96 road schemes – many possessing ‘exceptionally strong business cases’ – which are stalled due to lack of government funding. The two firms urge the use of private sector capital, but note the UK’s reluctance to tolling as a hindrance.
The Australian airport, in which Hastings Funds Management owns a majority stake, has struck a deal with nine banks to refinance its debt. Next, the airport’s owners will tap the equity markets for $180m.
The European Commission is proposing to use €230m to fund a test phase for its Europe 2020 Project Bond initiative, to be implemented in 2012-2013. The pilot programme, part of a wider €50bn infrastructure facility, will target up to 10 projects and ‘is expected to mobilise investments of up to €4.6bn’.
Magnus Christensson, the European head of fund placement activities at Jefferies bank, is joining TPG Capital as a member of its European capital raising team.
UK government-backed CDC Group recently made plans to expand its credit products in India. Anubha Shrivastava, managing director, discusses the potential for such offerings in the country with PE Asia.
Magnus Christensson, the European head of fund placement activities at Jefferies bank, is joining TPG Capital as a member of its European capital raising team.
The ‘Connecting Europe Facility’ will be unveiled next week and will focus exclusively on trans-European transport, energy and ICT projects. Between 15% and 20% of the proposed €50bn in spending will be leveraged through financial instruments and public-private partnerships.