Infrastructure
texas

AIMCo Invests in Howard Energy Partners

Alberta Investment Management Corporation (AIMCo), a public investor that also oversees Alberta’s Heritage Fund, agreed to buy up to US$ 500 million of Series B Preferred Units of San Antonio-based, Howard Midstream Energy Partners, LLC (Howard Energy Partners). [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


SWFI First Read, August 18, 2016

Goldman Sachs Takes Minority Stake in Littlejohn Goldman Sachs Alternative Investments, part of Goldman Sachs, has purchased a non-voting minority stake in private equity firm Littlejohn & Co. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Follow the Money – Episode 17

In this episode, I cover sovereign funds and pensions amplified interest in emerging market debt and the reasons why. I also discuss some of the ongoing issues and events associated with smart beta and factor-based investing. There is also coverage over developments with Kazakhstan oil, renewable energy investing and core real estate. I also brought […]


BlackRock NY

McInnis Cement Project Gets More Money, Control Changes

The McInnis Cement project, located in Quebec’s Gaspé peninsula, has tacked up significant cost overruns, drawing the attention of local media. Investors called for an assessment regarding the project. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


ADIA Sold More Transurban Shares

The sovereign wealth fund giant Abu Dhabi Investment Authority (ADIA) sold a A$ 253.6 million chunk worth of Transurban, a toll road company, shares to institutional investors. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


PGGM-Backed French Toll Road Operator Refinances

French toll road operator Autoroute de Liaison Seine-Sarthe S.A. (Alis) has redeemed a wrapped bond. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


CDPQ Invests in Plenary Group Holdings

Caisse de dépôt et placement du Québec (CDPQ) continues to build out investments in Australia. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


SWFI – Movers and Shakers – August 8, 2016

HEDGE FUNDS: Agecroft Partners Names Doug Rothschild President Doug Rothschild is being named President of Agecroft Partners, a hedge fund consulting and third party marketing firm. He will report to Don Steinbrugge, founder and CEO of the firm. He served six years on the executive committee of one of the largest hedge funds in the […]


SWFI First Read, August 4, 2016

Fiji National Provident Fund Commits to IFC Emerging Asia Fund [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


qatar

QIA Adds Russia to Airport Investment Portfolio

The Qatar Investment Authority (QIA) is expanding its airport portfolio by agreeing to acquire shares in Thalita Trading Ltd., the parent company of Northern Capital Gateway LLC consortium. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


australia infrastructure

QIC and Future Fund Join AGL Energy on Renewable Energy Fund

AGL Energy Limited, Australia’s second largest energy retailer, is partnering with QIC on forming the Powering Australian Renewables Fund (PARF). [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


SWFI First Read, July 26, 2016

TransCanada Mexican Pipeline Stake Lures Interest from Canadian Giants [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


canada

PSP Investments and OTPP Buyout Santander in Cubico Sustainable Investments

The Public Sector Pension Investment Board (PSP Investments) and Ontario Teachers’ Pension Plan (OTPP) are going to acquire, in equal proportions, Banco Santander S.A.’s indirect interest in global renewable energy and water infrastructure company Cubico Sustainable Investments Limited, a London-based company. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to […]


Is Brookfield Biting Off More Than it Can Chew?

According to data from the Sovereign Wealth Fund Institute (SWFI), increasingly asset owners such as sovereign wealth funds and large pensions have augmented allocation to unlisted infrastructure. The money flows have created bubbles in the world of private infrastructure, forcing asset owners, managers and other investors to pay more for infrastructure assets. Toronto-based Brookfield Asset […]


REFOCUS: Temasek Considers Buyout of SMRT

Singapore’s Temasek Holdings is in key discussions of a buyout offer for SMRT Corporation, a listed company that is an operator for most of Singapore’s rapid-transit system. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


SWFI First Read, July 16, 2016

Attempted Turkey Coup Unravels On July 15, 2016, sections of the Turkish military, the “Peace at Home Council,” attempted to overthrow the Turkish government. Soldiers had stormed Turkey’s state-run broadcaster declaring martial law and that they had taken over the government. Soldiers were deployed to the streets of Ankara and Istanbul. The military told people […]


CPPIB-Backed Wolf Infrastructure Agrees to Western Canadian Pipeline Deal

Calgary-based Wolf Infrastructure Inc., a midstream oil and gas company, has agreed to a deal to acquire Oklahoma City-based Devon Energy Corporation’s 50% stake in the Access Pipeline in Western Canada for C$ 1.4 billion (US$ 1.1 billion). [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


SWFI First Read, July 14, 2016

Rolls-Royce and Mubadala Ink Aerospace Plans Rolls-Royce and Abu Dhabi’s Mubadala Development Company are moving forwarding on building a new maintenance center. The maintenance center will target to service up to 150 engines a year in a new facility located at the Nibras Al Ain Aerospace Park. This is the second approved maintenance center that […]


SWFI First Read, July 13, 2016

OPTrust Embraces Smart Beta [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Follow the Money – Episode 13

This is the fourth episode of Global Connections. We continued the fast-paced discussion on Brexit and its impact on institutional investor confidence. Rachel and I wove a number of issues together such as asset owners and infrastructure, real estate and M&A in the Middle East, particularly on NBAD’s future corporate strategy. We tossed around the […]