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After closing the year’s largest fund on $7.4bn, KKR’s infrastructure team gathered in Miami to discuss its future strategy. We catch up with head of infrastructure Raj Agrawal and key team members to find out what’s changing.

The vehicle launched earlier this year is expecting a first close before Christmas and is predicted to reach its €6bn hard-cap next year.

'How can you have a $7bn business where performance has been very strong over 20 years, then have to shut the thing down?' asked one former director. We take a look at how it got to this point and the lessons learnt.

Lynda Tyler-Cagni wanted to suspend bonuses for staff following the Morandi bridge disaster, but Atlantia said it was unable to do so, citing legal grounds.

The group’s second fund has made six investments and is roughly 60% deployed after raising €1.8bn in July 2017.

With MIRA veteran David Luboff and Brookfield’s Hardik Shah joining, the manager is targeting its first Asia-focused infrastructure fund.

The nation’s capacity market auctions have been ruled illegal state aid, throwing several gas and battery storage projects into doubt.

The country’s investors are expanding overseas, with Europe attractive from a currency perspective. But they want GPs who put in the effort and come with the right products.

The airport is jointly held by its MEIF1 and MEIF3 funds alongside the Belgian government and OTPP, with the latter believed not to be among the bidders.

Investors highlighted the need for local partnerships to go deeper into unexplored geographies