The bill that will determine funding for much of the US’ surface transportation needs for the next six years has been delayed by the economic stimulus legislation but may go to the House as early as next month.
Robin Hubbard is joining the London office of Los Angeles-based property services firm CB Richard Ellis to help tap clients interested in equity commitments to limited partnerships, joint ventures, or club deals.
The global mid-market firm has done Brazil’s biggest private equity deal this year with the purchase of a 30% stake in CETIP, the largest central depository for private fixed income securities and over-the-counter derivatives in Latin America.
Meridiam, a European infrastructure fund, has been quietly buying up projects in North America. Cezary Podkul explores why it could suddenly explode into view as a big player
How hard will problems at 3i Group hit its 33% subsidiary 3i Infrastructure, asks Paul Jarvis
At the moment, private investment is largely limited to heavy infrastructure such as roads and ports. But lack of cash might force governments to accelerate the pace of social infrastructure development, which looks increasingly impossible without outside cash. Paul Jarvis reports
Banks have come running to Britain’s M25 motorway project after the government offered to fund it itself
The dearth of new funding threatens market development
Chicago has been forced to shelve plans to lease Midway Airport, but this reflects problems in the financial markets rather than with public private partnerships
London’s G20 summit failed to produce the promised infrastructure binge, and now there are grumbles that the various national investment plans aren’t leading to much new work either. By Michael Kapoor