Zak Bentley
Infra managers have long been in demand for the funds they manage; now, third-party investors also want a slice of the GP pie.
The fund, which could reach $1bn, will invest at least 25% of its capital in Africa.
Former Hungarian prime minister Gordon Bajnai takes the reins while James Wardlaw is appointed vice-chairman for infrastructure.
The deal comes as Hermes continues to fundraise for £1bn for its second infrastructure vehicle.
Fund managers hold huge amounts of data and sensitive information, so tackling the sharp rise in cyber-crime is a priority. Zak Bentley finds out how to defend against an attack.
Inspections by the Danish financial services authorities will become more frequent following ‘concerns’ about the alternatives investment skills of pension funds.
Public Investment Fund is investing $20bn in the vehicle. The latter hopes to catalyse more than $100bn to boost President Trump’s infrastructure plans.
The government will propose legislation that will see alternative investments made by Danish pension funds ‘done in a proper way’
Introducing sister publication Infrastructure Investor’s Emerging Markets Forum on Monday in Berlin, the former Mexican leader was critical of Donald Trump’s policies and said Mexico’s energy reforms are an example of how to open a market closed to private investment.