Exits

The €245m closed-end fund will group 23 photovoltaic plants – some of them already operational – generating close to 123MW. Commerz Real is touting the vehicle as ‘Germany’s largest solar fund’.

A pre-close trading update reveals that the UK-listed infrastructure investment firm has generated healthy income from its portfolio during April to September this year. But declines in the Indian equity markets and junior debt market hit the value of two of its investments.

The global financial crisis has encouraged a new appreciation of infrastructure’s long-term characteristics – at the same time as priorities have shifted to the short term

Limited partners, especially pension funds and life insurers, will readily tell you that they like infrastructure because of its long-term, stable cash-flows. So why do they prefer infrastructure funds with 10- to 12-year life-cycles?

As the infrastructure asset class matures, two quite different types of investment are emerging. Former Allianz Capital Partners chief executive Thomas Putter explains why an understanding of this is so crucial

A survey out this week highlighted the attractive aspects of infrastructure investing against a backdrop of stagflation. But is this really something to celebrate?

Management fees more than triple what GPs earn from performance-based carried interest, according to research exclusive to sister site PEM which could fuel the industry’s debate over private equity fee structures.

A critical two month countdown has begun for the funds industry to study and respond to detailed AIFM proposals released by EU regulators last week. The industry’s lobbying efforts appear to have borne fruit, but concerns remain.

The infrastructure arm of EQT, the Swedish private equity firm, has acquired a majority stake in Argos Terminals, the storage and terminals business of Rotterdam-based oil and energy company Argos Group. EQT will aim to double the storage capacity of the firm over the next few years.

Anthony Rabin, the UK infrastructure developer’s deputy chief executive, believes PFI will see a ‘hiatus’ of about 18 months but will eventually be reborn in a ‘mutated form’ that may be more complex. He also expressed skepticism about infrastructure investment opportunities in the US.