Home Featured
Featured
The Dutch manager is back in market with the sixth edition of its flagship strategy and its second Core Infrastructure Fund.
The fund will target renewables in UK and Europe, as well as eyeing assets in Australia.
The NY-based fund manager, which is looking to raise $1.25bn for an India-focused vehicle, is also on the fundraising trail for a $5bn fund targeting brownfield opportunities only, in LatAm and Asia.
Only 40% of the debt issued during Q3 of this year met international criteria on green finance.
The Madrid-based firm expects to reach a final close by year end on its €1bn hard-cap for what is already one of Spain’s largest-ever private equity vehicles.
The appointment comes less than two months after Dylan Foo resigned as AMP Capital’s head of infrastructure equity in the Americas and was succeeded by Simon Ellis.
Representatives from Hyundai Insurance and China Ping An Insurance said proof of a manager’s skill will come during the next downturn.
The sovereign wealth fund thought the UK was the ‘best and safest place’ to invest, but ‘we were wrong’, its CIO said, referring to GIC’s negative experience with Heathrow Airport.
De Run’s return comes two and a half years after he left the firm and follows Peter Hofbauer's departure, which takes effect immediately.
Panellists say financing renewable projects is becoming more difficult due to slowing economic growth in the country.