Michelle Phillips
.JPG "IDFC launches $1bn India infra fund")
The Indian fund manager has launched its second closed-ended infrastructure fund, hoping to raise $1bn from its existing LPs.
The Indian fund managers have achieved a 17% IRR and 2.6x equity multiple in less than seven years.
The Macquarie Everbright China Infrastructure Fund has invested around $44 million to build three new petrochemical plants in major Chinese cities.
The Australian fund manager is looking into submitting a bid for the New South Wales coal port by Christmas.
The Australian fund manager is looking into submitting a bid for the New South Wales coal port by Christmas, after completing its ownanalysis.
The South Asian nation is one step closer to having new PPP regulation.
.jpg "ADB mulls $1.2bn India infra loan")
The Manila-based bank hopes the sovereign loan will help catalyse more private sector infrastructure investment.
.jpg "Asia needs more water, energy & waste infra")
Asia has invested trillions of dollars in transportation, but it will need private sector help to develop its water, energy and waste infrastructure.
The Macquarie fund has returned more cash than expected to shareholders, even after a disappointing IPO of its Taiwan portfolio company.
Alternative sources of debt needed to finance over $10trn of Asian infrastructure, delegates heard at a recent World Bank forum.