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Offshore wind will be an important part of the future energy landscape, but investors may be mispricing the risk in these projects.
With GPs seeking up to $250bn, we spoke to five top placement agents to learn what they can expect in this difficult year.
Prime Super’s acquisition of two wind farms in Victoria ties in with its strategy of opting for niche deals with strong returns, said CEO Lachlan Baird.
Challenges abound but 'unmissable' opportunities remain post-pandemic, especially for infra investors keeping their eyes trained on Asia.
infrastructure
Macquarie estimates there could be $50bn-$67bn of infrastructure secondaries AUM by 2025, compared with $18.6bn last year.
The pension fund saw its infra commitments reach almost 5% of its total investment portfolio by the end of 2021, including investments in 15 new funds globally.
OMERS’ Annesley Wallace and Alastair Hall describe the pension’s aims to increase its best-in-class infra allocation from 20% to 25% by 2027, doubling its asset class AUM in the process.
The firm, which has to date mainly operated in New Zealand and Australia, has appointed 14 partners spanning APAC, Europe and the US.
Average size of funds closed
Despite myriad economic shocks over the past decade, GPs have continued closing ever-larger funds as more LPs carve out space for resilient real assets.
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