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The short stint at Arjun Infrastructure Partners follows a 12-month stretch in Partners Group’s infra unit.
US dollars
The final closing for Global Infrastructure Partners V is anticipated for Q1 2025, as completion of its acquisition by BlackRock nears.
Illustration of a fundraising guru.
Global Infrastructure Debt Fund II is targeting $2.5bn and is the firm’s second high-yield infrastructure credit vehicle.
The hiring of Michael Hoverman from CIM Group launches a new vertical for the $76bn US-based real estate manager.
Copenhagen infrastructure Partners is believed to be planning a final close by year-end for the mammoth energy transition fund.
Kunal Koya, who has been with Goldman Sachs Asset Management since 2013, will join as a London-based partner later this summer.
The fund, launched in early 2022 and targeting $5bn, is looking to increase the targeted IRR and hurdle rates.
DIV II raised €1.12 billion, with €440 million committed to a sidecar, co-investment vehicle, bringing total funds raised to €1.56 billion.
Exit sign
Koski will leave his role as global head of investment strategy at the group’s infra unit this quarter, following his 2013 arrival from ADIA.
The vehicle is targeting €1bn to focus on LP- and GP-led transactions as well as select co-investment opportunities.
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