Cezary Podkul

Tim Bishop, country head for the US, said the investment bank will win business from big-name Wall Street banks and independent boutiques in the US by courting advisory clients not served by the two groups. The move will further diversify Macquarie Capital from its infrastructure focus in the US.

The offering is poised to become the largest-ever private equity-backed initial offering in the US market, handing a historic exit to a group of infrastructure and private equity funds managed by Goldman Sachs, Highstar, The Carlyle Group and Riverstone Holdings.

Sam Pollock, chief executive of the New York Stock Exchange-listed fund praised an ‘outstanding’ year during a conference call and fielded tough questions from analysts wondering whether Brookfield Infrastructure Partners could sustain its returns and effectively compete against non-listed infrastructure funds.

Nearly two months after the launch of a stand-alone division in charge of delivering PPPs, Virginia is still seeking resumes for the right person to fill the division’s top spot, the state’s transportation head said in a conference call with reporters.

A privately-backed effort to expand capacity on interstates 95 and 395 in Northern Virginia will move forward without the 395 portion due to local opposition. Virginia Secretary of Transportation Sean Connaughton said the commonwealth ‘simply cannot wait any longer’ to move forward on the project, which will cost $1bn.

Julian Robertson, the legendary hedge fund investor, believes wind, solar and other environmentally-linked investments will necessitate the growth of 'independent infrastructure funds all over the world'. But inflation-protection will also make the asset class attractive in the future, he said in an exclusive interview.

Ed Rendell will serve as a senior advisor to the investment bank, where he’ll ‘focus on expanding Greenhill’s client advisory activities’ in the areas of public-private partnerships and infrastructure projects.

A recent move by the Oregon Investment Council gives pensions in the US plenty of reasons to follow suit, writes Cezary Podkul.

The $4bn infrastructure fund is reportedly seeking an equity stake in the Indian subsidiary of the Spanish construction company, which is active in the country’s burgeoning roads sector.

A report by the Department of Transportation shows US container ports saw a strong increase in the amount of container cargo they handled in 2009, showing further evidence of economic recovery in a sector that saw sharp declines due to the global recession.