Zak Bentley
A move to ‘nationalise’ 8.5GW of power generation by the Mexican government may well put paid to years of growth in the energy sector.
Lawrence has been replaced internally by James Bryce, who previously led the portfolio value creation group at the Canadian pension.
A few years after capital was ploughed into the fibre-to-the-home space, some investors are finding a market where risk is underestimated.
While slightly lower than its 19% return in 2021, it continues the Canadian investor’s post-pandemic bounce-back, which saw a -3.5% return in 2020.
Moon, who is not believed to have a position lined up, was part of the group that left Morgan Stanley in 2012 to form I Squared Capital.
The Alaskan sovereign wealth fund has been shifting its strategy to allocate in smaller ticket sizes to include more GPs.
The pivot to a dedicated energy transition fund will see I Squared target slightly lower returns than that of its flagship vehicle.
Wallace took up the global head of infrastructure role in 2021 and has filled various roles at the Canadian pension since 2012.
A water PPP in Florida funded by Ridgewood Infrastructure may well hold the key for successful projects in the future.
Apollo has leveraged its PE and private debt expertise to avoid launching ‘another large-cap infra fund’, says head of infra Dylan Foo.