Exclusives

The mid-market fund manager has already committed around $200m from its sophomore vehicle.

The new vehicle’s portfolio includes 12 solar projects acquired from the $80m greenfield renewables fund the Japanese asset manager liquidated earlier this year.

The US manager - which has just clinched a US transportation deal - may increase the vehicle’s limit to $7.2bn, as it eyes a final close this quarter.

Jamie Richards has been replaced internally by Nigel Aitchison, who previously focused on environmental infrastructure.

The institution believes its data could provide the assurances needed for the $1trn Government Pension Fund Global to invest in infrastructure.

The firm is eyeing a first close in June, following backing from industrial partners, as it focuses predominantly on European greenfield.

Senior staff members will own a growing ‘material equity stake’ in the business.

The real estate investor’s debut digital infrastructure fund, in partnership with Digital Bridge, is on track to beat its fundraising target.

The EIB is currently considering an injection of up to €100m into the vehicle, which has a €700m hard-cap.

The firm is looking to capitalise on a series of expected privatisations across the continent, as well as opportunistic investments in Europe.