Infrastructure

Preqin’s latest research shows that infrastructure funds that have reached a final close so far this year have raised $1bn in capital on average, representing the highest average fund size seen since 2007, when funds raised an average of $1.1bn.

Governments must act today to ensure that the infrastructure needed in 2020-2030 will be planned, developed and operational in time, according to a new OECD report.

As a unique public-private partnership (P3), and the first Comprehensive Development Agreement project signed in the state of Texas in 2009, the NTE project serves as a financial model for other P3 projects.

Move paves way for institutional investors to help fill infrastructure gaps in developing world: US$1 trillion a year in extra investment needed through 2020.

The California Public Employees’ Retirement System (CalPERS) today announced a new $500 million global infrastructure partnership with UBS Global Asset Management (UBS). CalPERS will contribute $485 million to the newly formed company, while UBS will contribute $15 million and act as managing member.