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Partners Group exits Japan Solar – exclusive

The sale has netted Partners Group a 3.2x blended gross return following a $250m investment in 2014. It had invested in the Japanese platform alongside Equis Energy. The Swiss firm divested its stake in Japan Solar to a consortium led by Global Infrastructure Partners.

Partners Group exits US solar business early with $217m deal

The Silicon Ranch platform sold to Shell received a $100m investment by the firm in April 2016.

Existing investors pick up North Queensland Airports stake

Auckland International Airport is selling its 24.6% for $295m, with Perron Investments and The Infrastructure Fund agreeing to bolster their holdings in two Australian hubs.

Year in review: Plotting your exit

With mid-2000s infrastructure funds reaching the end of their lives, a range of exit strategies are being carried out by innovative GPs.

Macquarie exits Atlas Roads for $350m

The Australian fund manager is divesting its principal stake in the global toll road operator as the asset company decides to internalise its management team.

Exiting well

Say what you want, but if you’re a manager of closed-ended infrastructure funds, then the proof of the pudding is in the exit. On the strength of that key metric alone, Martin Lennon and Ed Clarke, co-founders of Infracapital and our p. 14 keynote interviewees for this last issue of the year, should be very […]

Ardian offloads €1.1bn Fund II assets to APG and AXA

The eight-strong portfolio based across France, Italy and Spain has been delivering a 10 percent yield per year.

Pantheon acquires five European assets

Marguerite sells the energy holdings in France, Germany and Belgium and a toll road stake in Spain as it begins to exit its first fund and prepares to launch another €700m vehicle.

Exiting in the age of iTunes

Whether you favour wholesale realisations or piecemeal sales, Fund I vintages are showing the merits of diversification, why being first matters and how everybody makes mistakes.

Infracapital’s profitable exit

The manager’s maiden fund returned 2.1x capital and generated an 11.4% IRR on exit. Co-founders Ed Clarke and Martin Lennon talk us through the process and describe what’s changed in the market since its launch.
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