Infrastructure

Friday SWFI News Roundup, September 23, 2016

Endowment Wars: Yale Beats Harvard For the latest fiscal year, Yale’s endowment generated a 3.4% return, beating Harvard which reported a -2% return. Harvard Management Co. partially blames its negative returns on poor performance in its natural resources portfolio which had assets in Brazil. OTPP Explores Options on GCT Global Container Terminals [ Content protected […]


Follow the Money – Episode 21

Rachel Pether is back. We reconnect on Global Connections (Follow the Money) talking about the dual lawsuits going on with Twitter and Facebook. Rachel reports on infrastructure and the mega Port Melbourne transaction. We talk about the new alternative investment disclosure law signed by California Governor Jerry Brown and how it will impact the private […]


Investor Group Led by QIC Pays $7.3 Billion for Port of Melbourne

The Port of Melbourne is Australia’s largest container port, handling approximately 2.6 million containers annually, according to its website. QIC led a group of investors, named the Lonsdale Consortium, to acquire a 50-year lease to operate the Port of Melbourne for A$ 9.7 billion (US$ 7.3 billion). [ Content protected for Sovereign Wealth Fund Institute […]


Jenkins Exits for Credit Role, CPPIB Forms Real Assets Group

It’s that time of year. The Canada Pension Plan Investment Board (CPPIB) has reorganized and formed a new unit called real assets which will be composed of real estate, infrastructure and agricultural investments. Graeme Eadie is leading the new unit who was CPPIB’s global head of real estate investments. Private Investments Honcho Leaves for The […]


Former KIC CIO to Join Asian Infrastructure Investment Bank as Operational Advisor

Dong-ik Lee, who served once as the chief investment officer of the Korea Investment Corporation (KIC), has joined the Asian Infrastructure Investment Bank (AIIB) to be an operational advisor to private infrastructure sector investments. Dong-ik Lee will relocate to Beijing. He was ranked #20 in Public Investor 100 – 2013. AIIB’s president is Jin Liqun, […]


SWFI – Movers and Shakers – September 5, 2015

Édouard Merette Leaves CDPQ for Unigestion [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


UniSuper Extends Investment in Sydney Water Filtration Plant

UniSuper, a large superannuation fund, extended the term of its infrastructure investment in a Sydney water filtration plant to year 2035. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


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 […]