Infrastructure

The California Public Employees’ Retirement System (CalPERS) today announced the launch of the Global Real Estate Sustainability Benchmark (GRESB) Infrastructure, a new benchmark that will measure the sustainability of infrastructure investments.

Patina Rail LLP, a consortium comprising Caisse de dépôt et placement du Québec (“CDPQ”) and Hermes Infrastructure, part of Hermes Investment Management, has announced that they have agreed to acquire a 40% shareholding in Eurostar International Limited (“Eurostar”) from the UK Government.

The Greater Manchester Pension Fund (GMPF) and the London Pensions Fund Authority (LPFA) today announced the joint allocation of up to £500m to invest in infrastructure opportunities.

ECM Asset Management Ltd (‘ECM’), the multi-asset class traditional and alternative credit management specialist owned by Wells Fargo Asset Management (‘Wells Fargo AM’), announces the launch of a unique infrastructure debt investment platform including pooled vehicles and segregated accounts.

IFC, a member of the World Bank, issued a 10-year, 10 billion Indian rupee bond (equivalent to $163 million) to increase foreign investment in India, mobilizing international capital markets to support infrastructure development in the country.