Nia Tam
While the $217bn public pension fund, which has to date invested $162m in overseas infrastructure, focuses on core strategies, it is also eyeing core-plus opportunities.
While interest in the region increases, investable opportunities may become hard to identify due to risk profiles and mandate restrictions, according to a new survey.
The vehicle, which will be managed by Germany’s DWS Group, will help the US tech giant reach its goals of increased clean energy use within its supply chain and developing 2GW of renewables in China.
India’s GVK moves the $2.3bn greenfield development, initially approved in 2007, to the construction phase.
The world’s largest pension pledges to keep building its alternatives portfolio – mostly made up of infrastructure at the moment – at a ‘stable pace’, as it eyes a 5% target.
The $941bn Chinese SWF will increase its allocation to infrastructure, in which it has invested $10bn over the past three years.
The outpost will focus on investor relations, especially infrastructure client service, it is understood.
Chinese investments could help fund Africa’s much needed infrastructure, but high leverage will make African projects more exposed to any political risks from the country, Moody’s says.
The bank has created a financing facility, on a pilot five-year basis, that will help private concessionaries secure timely payments from the government.
The country’s insurance companies and banks make ‘successful’ $90m issuance, which will finance Energy Development Corporation’s capex programme.