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IFM makes US midstream splash with $10.3bn Buckeye purchase

Australian fund manager adds $6.5bn in equity value to the $12bn it has invested in US infrastructure since 2006 by acquiring the petroleum distributor.

Brookfield Fund IV to hold $14bn first close in May

With a first close equalling its predecessor’s final close, the manager's fourth flagship infrastructure fund is ‘on pace’ to be its largest infra vehicle.

Goldman Sachs hires energy infra specialist from KKR

Cedric Lucas has joined the New York-based investment bank seven months after the private equity firm closed its third infrastructure fund on $7.4bn.

Data assets a likely landing spot for recycled Brookfield Infrastructure capital

The Toronto-based fund manager is looking to make up to $2bn from selling assets, and views data infrastructure as a promising area for investment.

Blackstone launches impact investing platform

The new platform will sit within the firm's secondaries unit, Strategic Partners, and work with existing impact managers across all asset classes.

Union Investment raises €442m with Mercer for maiden infra fund

Vehicle’s managers to make direct, primary and secondary investments in western Europe and North America, targeting returns of 6%-8%.

Unfazed by legal action, TransAlta investors elect management’s preferred board

Shareholders in TransAlta Corporation have backed its management by electing its preferred board of directors. The vote took place after an investor brought a legal challenge to the company’s C$750 million ($557.5 million; €838.8 million) deal with Brookfield Asset Management. TransAlta, one of Canada’s largest power producers, issued a statement on 26 April in which […]

DOWNLOAD: 2019 fundraising off to a strong start

With nearly $20bn raised in Q1, expect 2019 to be another record-breaking year for infrastructure fundraising.

Deal with Duke gives John Hancock renewables exposure

US power producer Duke Energy has sold a minority stake in its renewables portfolio to an infrastructure fund owned by Canadian insurance giant Manulife Finance Corporation. According to a statement released by Duke, John Hancock Investments, Manulife’s US capital management division, purchased a 49 percent stake in 37 operating wind, solar and battery storage assets […]

Flatt and Marks exclusive interviews: How ‘Brooktree’ reshapes the landscape

It’s all in the timing – or is it? We speak with Howard Marks and Bruce Flatt about the deal that has got everyone talking.
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