Jordan Stutts
The asset management division of Swiss investment bank UBS has named Joe Azelby as the new head of its $100 billion real estate and private markets business. Azelby will report to Ulrich Koerner, president of UBS Asset Management, according to a statement from the company. He brings with him an almost two-decade track record of […]
The new appointees are joining the Australian fund manager from the Port Authority of New York and New Jersey, CalSTRS, Enbridge and Veolia.
As an astronaut at NASA, Garrett Reisman was part of a government agency taking big risks. Now a professor and senior advisor at Space X, he’s helping the private sector manage those risks.
Over the two months in which Chicago Teachers’ Pension Fund had issued a request for proposals seeking a minority, woman-owned or disadvantaged business enterprise, it received only one response. Chicago-based JLC Infrastructure, which fulfilled the requirements of having at least three years’ experience managing institutional capital and $500 million of assets under management, will, as […]
Erik Savi’s exit is accelerating the combination of infrastructure and real estate debt into a single platform, a plan that was already in the works.
The sector is growing rapidly and there are pools of capital - some dedicated - ready to invest.
Private market returns including infrastructure dipped slightly for the Ontario Municipal Employees Retirement System but offset steeper losses suffered in a volatile year of public trading, the Canadian pension said in annual results published this week. Investments in private equity, real estate and infrastructure generated a combined 10.7 percent in 2018, down by nearly a […]
A private passenger rail operator is seeking $5 million from investors through an ongoing Series A fundraising round to help launch services in a busy New England commuter corridor next year. Boston Surface Railroad Company is on pace to open the first leg of a passenger rail line that will connect Worcester, Massachusetts and Providence, […]
EQT made the last investment from its €4 billion third infrastructure fund in a US midstream business. The news comes as its fourth fundraise, targeting as much as €9 billion, looks to wrap up in the next couple of months, a source familiar with the matter said. Kodiak Gas Services, a Houston-based midstream company, is […]
Brookfield Asset Management is offering investors additional exposure to renewable energy assets through a “sleeve” it has included in its fourth flagship infrastructure fund that will be dedicated to the sector, the firm said during an earnings call. Bruce Flatt, chief executive of the $350 billion asset manager, said the new product offering, which coincides […]