Home HNWIs
HNWIs
The two Michaels – Bessell and Cummings – talk about integration, the synergies between infra and real estate, and the strength of the Australian market.
The southern Chinese province has released guidelines to attract private investors to its infrastructure projects as bank loans become harder to secure.
The firm has raised £144m through its London-listed debt fund, more than doubling the size of the vehicle after seeking to raise in excess of £80m. One-third of the new money, which will be deployed over the next six months, came from new investors.
The firm has held a first close on its flagship fund for North America mostly from existing investors and has expanded its LP base from 275 to 400.
Julian Robertson, the legendary hedge fund investor, believes wind, solar and other environmentally-linked investments will necessitate the growth of 'independent infrastructure funds all over the world'. But inflation-protection will also make the asset class attractive in the future, he said in an exclusive interview.
Sniper Capital, the Macau-focused fund management business, has launched its first private equity real estate fund as it aims to capitalise on a lack of non-gaming leisure real estate on the former Portuguese colony.
The India-focused private equity and real estate firm's investment in Star Health and Allied Insurance is its maiden deal from India Advantage Fund Series 3.
The Indian infrastructure construction company will use the investment from Templeton's retail private equity fund for the acquisition of larger projects.
The firm has now raised a total of $350m so far from domestic investors for India Advantage Fund Series III.
JSW Energy has raised INR4.6bn from investors and will use the capital to finance its power projects. Hedge funds Eton Park International and Highfields Capital Management, as well as Credit Suisse and Deutsche Securities are among the company's first investors.