Growth Markets

The Singaporean state investment company will invest in the state-backed vehicle’s Master Fund and become a shareholder in its investment management company.

Mark Warner will take ‘an active role in fundraising’ as the Singapore-based firm seeks to take advantage of new investment and growth opportunities.

Global Infrastructure Hub’s Chris Heathcote tells us emerging-market risk is ‘overblown’, as report finds $2trn investment need for 10 African countries.

The asset manager is selling its Asian Infrastructure & Related Resources Opportunity platform to emerging markets specialist The Rohatyn Group for an undisclosed amount.

The emerging markets-focused fund manager is selling Ostro Energy to CPPIB-backed ReNew Power for $1.5bn.

The Australian government will help fund the development of a new pipeline of infrastructure projects across southeast Asia to “attract sustainable public and private financing”.

The developing world posted $36.7bn in private sector infrastructure investment in the first half of 2017, well below average but an improvement on last year’s numbers.