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‘It’s hard to find a diverse manager in infrastructure’

CIO Angela Miller-May explains why being 52.1% short of its total funding doesn’t stop the Chicago Teachers’ Pension Fund from prioritising investing with diverse managers.

Infra leads real assets returns at CPPIB

The Canadian pension said it would continue its large-scale core infrastructure strategies as investors seek ‘higher risk’ assets.

GIP mandate leads CalPERS’ $1.5bn infra allocation

The US’s largest public pension made commitments to GIP and JPMorgan, committing capital equal to around a third of its current infrastructure portfolio.

Australia’s renewables sector will ‘continue to flourish’

Just 12% of respondents to a MinterEllison investor survey said regulatory and political uncertainty was the main barrier to investing in the sector, notwithstanding the lack of a federal energy policy.

Subsidy-free transition is slowing down renewables

For the first time in nearly two decades, growth in new capacity has stalled. We examine why and look at whether the freeze is expected to last.

OPERF ups alternatives target to 15%

The latest move marks the third time the $75bn pension fund has increased its alternatives allocation target since launching the strategy in 2011.

Digital Colony raises more than $4bn for debut digital infra fund

Pension funds from the US and Europe make up the largest portion of LPs committed to Digital Colony Partners, which has already deployed nearly $1bn.

Fitch: technology could disrupt rental car demand at airports

Investors in CONRAC facilities should be thinking of how the market might look in 15 to 20 years when financing deals, rating agency warns.

PE-backed midstream companies have ‘generally lower’ credit ratings

Private equity financial sponsors ‘take advantage’ of over-performance by paying themselves instead of repaying debt, according to a report from Standard & Poor’s.

GIP raises $13.5bn for Fund IV, eyes September final close – exclusive

Nearly 150 LPs have committed to GIP IV, which will follow the same strategy as its predecessors and target 15%-20% gross returns.
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