Eduard Fernandez
Country’s institutions expect GPs to customise their communications when seeking investors’ business and capital.
European secondaries specialist Ardian will act as anchor investor and offer current partners the opportunity to become LPs alongside it, a source said.
Backed by Chubu Electric, Toyota, Mizuho Bank and Sumitomo Mitsui Banking Corporation, the new fund exceeded its original ¥30bn target and has already invested in a solar project in Japan.
Natixis affiliate is establishing a Hong Kong subsidiary and expects to launch an Asia-Pacific infra debt fund by the year end.
A preference for debt products among Chinese investors has forced the private equity firm to reduce the target size of its debut infra fund from $1bn to $600m.
The life insurer has appointed HSBC Global Asset Management to source investments that will be denominated in US dollars or local currencies.
The Tokyo-based asset manager has already approved the deployment of ¥11bn in renewables and downstream energy projects in Europe and South America.
MM Capital Partners failed to reach its first close target of ¥30bn for its maiden infrastructure fund due to some investors demanding more seed assets before committing capital.
Under the initial agreement, the fund and PSP-owned highway operator Roadis will invest in new opportunities on a 50:50 basis.
Prime Minister Narendra Modi is perceived as a reformer that helped lure foreign capital into India's infrastructure sector, but experts believe the market will remain attractive even if the incumbent PM suffers an electoral defeat.