Chris Glynn
The retirement fund for Lexington, a town in Massachusetts, is making its maiden investment in infrastructure and is reviewing a possible manager selection in an upcoming meeting. The mandate could top $6m.
Less than a month after compiling a shortlist, the request for proposals process to find a developer for a multi-venue sports contract is complete. A winning bidder will be picked by summer from a trio of Canadian developers.
Vikram Gandhi, who has worked for Credit Suisse and Morgan Stanley, has established a consultancy to facilitate investment in Indian infrastructure. His VSG Capital will also have a presence in Hong Kong, London and New York.
Emil Henry (pictured, r), who started the widely touted Tiger Infrastructure Partners with backing from hedge fund icon Julian Robertson (pictured, l), thinks energy-from-waste and shale gas have a big role to play this year in infrastructure investing.
Company founder Chris Beale (pictured) said the infrastructure fund manager is planning to add staff to strengthen its European business. But he added not all of them will be as senior as Alinda’s latest hire: ex-Goldman Sachs energy veteran Andrew Bishop.
A Goldman Sachs investment banker, Andrew Bishop, is set to join infrastructure fund manager Alinda Capital Partners, in its London office. Bishop has an extensive background in energy and power.
A state-appointed receiver issued a report calling on debt-ridden Harrisburg to lease or sell its waste incinerator as well as move forward with a parking concession – and fast. Privatising each asset has been a long-running debate for the state capital.
A secondary offering on Brookfield’s $13bn renewable energy fund is now over with the asset manager raising a total of $341m.
The US law firm is beefing up its personnel and looking to broaden its infrastructure offering - co-chaired by Patrick Harder (pictured) - with airport and seaport legal advice. Nossaman is also adding people with energy infrastructure experience.
The US fund manager sold 9.25 million units in the secondary market of master limited partnership Chesapeake Midstream, priced around $29 apiece. The tender marked the second major energy sector sale in 2012.