Performance

One investor said the original rate was ‘just not a standard hurdle’, as we take a closer look at the $5bn first close, one of the industry’s largest first closes for a debut fund.

The question is 'when' not 'if' at this stage, with Cambridge Associates' Andrea Auerbach pointing out GPs have been flocking to these facilities 'in droves, like a Black Friday shopping mob'.

The Grand Duchy is benefiting from Brexit uncertainty. Partners from law firm Loyens and Loeff examine how it treats carried interest.

Its third fund is the year's biggest fundraising so far. With more than $15bn of capital under management, we profile one of the industry's biggest managers.

Private markets exposure is paying off Down Under, according to research from consultancy Chant West, with infra and PE among the best-performing asset classes.

While the $217bn public pension fund, which has to date invested $162m in overseas infrastructure, focuses on core strategies, it is also eyeing core-plus opportunities.

The $351bn pension fund’s results in the asset class exceeded the benchmark by 14.16 percentage points.

The world’s largest pension pledges to keep building its alternatives portfolio – mostly made up of infrastructure at the moment – at a ‘stable pace’, as it eyes a 5% target.

The $941bn Chinese SWF will increase its allocation to infrastructure, in which it has invested $10bn over the past three years.

Interest rate rises are a chief concern for infrastructure investors. But the asset class is proving resilient throughout different economic cycles. If anything, as rates increase, so does interest from investors.