Cezary Podkul

According to RiskMetrics, a corporate governance advisory group, investors in publicly listed funds, such as those managed by Macquarie and Babcock & Brown, are being kept in the dark about the funds' contractual arrangements.

The public private partnership represents the largest development of schools in Canadian history and the second such project for Babcock & Brown Public Partnerships in that country. The fund has a 75 percent equity stake in the 32 year design, build, finance and maintain contract.

Carlyle and a group of local investors still own 100 percent of the equity of Hawaiian Telecom. A Carlyle-led consortium bought the company’s predecessor from Verizon Communications in 2005 for an enterprise value of $1.6bn.

Valued by regulators at £1.8bn, the sale of the UK airport could fetch as much as £3bn for the Spanish airport investor. The announcement came less than a month after the UK’s Competition Commission published preliminary plans to force BAA to sell three of its seven airports.

The firms are among six private equity investors that have participated in SolarReserve’s secong round of financing.

The resignation of Phil Green as a non-executive director comes less than a month after he resigned his position as the firm’s CEO. The change comes amid ongoing strategic review and restructuring at the Australian infrastructure specialist.

Valued by regulators at £1.8bn, the sale of the UK airport could fetch as much as £3bn for the Spanish airport investor, though much of the proceeds may go toward servicing existing debt. The announcement came less than a month after the UK’s Competition Commission published preliminary plans to force BAA to sell three of its seven airports.

The resignation of Phil Green as a non-executive director comes less than a month after he resigned his position as the firm’s CEO. The change comes amid ongoing strategic review and restructuring at the Australian infrastructure specialist.

The US-based infrastructure fund has also completed its first deal, with the purchase of a $363m stake in Florida-based Global Tower Partners from another Macquarie-managed infrastructure fund.

Described by a former coworker as 'the relationship guy', Richard Klapow has left Macquarie Capital’s advisory arm in New York to join Alinda Capital Partners as a managing director, marking the third recent senior executive departure at Macquarie.