Cezary Podkul
Though the markets may be cheering BAB’s arrival right now, their future is uncertain.
Pension Consulting Alliance managing director Judy Chambers said the interest shown by managers was ‘in line’ with the consulting firm’s expectations. The next steps in the process are up to the pensions who will be provided the information requested by the PCA.
US pensions are looking to educate themselves about infrastructure asset managers – the best sign yet that they may yet follow Australian superannuation funds in fueling the growth of the asset class in a big way.
Peter Kind has been appointed a senior managing director in Macquarie’s power, utilities and renewable energy advisory team, while Kevin Charlton will serve on a team that manages Macquarie’s principal investments, including infrastructure.
The firm has shut down its $500m North American Infrastructure Fund, blaming the slow pace of US infrastructure investments.
The Goldman spin-out's Summit Midstream Partners has bought a 75% stake in a Texas gas gathering pipeline developer from KKR-, TPG- and Goldman-backed Energy Future Holdings.
Less than a month after takeover talks ceased with Archer Capital, the energy company has received another private equity offer that could be worth more than A$430m.
With CenterPoint, Carlyle and Goldman at its wharfs, the Virginia Port Authority has no shortage of willing partners for its assets
Officials blamed the weak trade statistics for the first half of the year on the worldwide economic slowdown. The good news, however, is that container trade at the port – currently part of a bidding contest between CenterPoint, Carlyle and Goldman Sachs – is now showing increases for the first time in a year.
Flip through consumer, retail or healthcare pitchbooks and you’ll be sure to find career investment bankers touting 25 or 30 years of experience in their sector. But infrastructure is a relatively new vertical for most banks, and experienced advisors can be hard to come by. When you do your research of who is who in infrastructure M&A work, the following ten names are bound to pop up. We present them here in alphabetical order*