Cezary Podkul
The head of Henderson Equity Partners and chairman of John Laing advised delegates to PEI’s Infrastructure Investor Forum in Berlin to place more emphasis on relationships and be more targeted in choosing LPs to approach during fundraising.
The trend was one of a number of observations shared by banking executives speaking at a debt financing roundtable at PEI’s Infrastructure Investor Forum in Berlin.
The Spanish engineering and construction firm will upgrade and develop a total of 680km of road in the Brazilian state of Bahia. The 25-year concession will be its first in the Latin American country.
Co-investments in its funds and assets continued to drive the bulk of the write downs, which will total A$2bn for its current fiscal year. The firm expects its profit to halve compared with last year's record A$1.8bn result.
The pan-emerging markets infrastructure partnership, with a $1.2bn fundraising target, now believes the choicest investment opportunities lie in China, India, Thailand, Vietnam and Indonesia.
The global energy buyout firm reportedly committed $500m of equity toward the Longview Power Plant’s construction from its Fund XI.
The Indian infrastructure market may be slowing, but market participants remain optimistic about its prospects, writes Cezary Podkul.
The UK-listed infrastructure fund is continuing to raise its debut unlisted investment vehicle for the country despite the the effects of the global financial crisis.
The former general counsel to the US department of transportation has rejoined the Australian infrastructure heavyweight as a managing director in its New York and Washington DC offices. He had previously worked for Macquarie as a managing director until he left in 2007 to work for the department.
Citadel Capital CEO Ahmed Heikal believes phased investments in greenfield projects in the Middle East and North Africa can help private equity firms lock-in large, attractive opportunities while conserving cash in a difficult operating environment. The Cairo-based private equity firm is raising its first institutional fund of $500m.