Cezary Podkul

The state’s $40bn permanent fund may also hire new managers on top of its existing manager suite comprised of Citi, GIP and Goldman Sachs.

The bankruptcy of the South Bay Expressway in Southern California demonstrates why it’s good the infrastructure lobby doesn’t always get what it wants in Washington DC.

The mid-market firm had expected US stimulus dollars would boost its investment in D.S. Brown but saw 'very little benefit' from the stimulus. Still, revenues rose 35% over its investment period.

The mid-market private equity firm had expected infrastructure stimulus dollars would boost its investment in D.S. Brown but in the end it saw 'very little benefit' from the stimulus. Still, revenues rose 35% over its investment period.

Senior managing directors Michael Dorrell and Trent Vichie will form a new team that will continue fundraising for their debut infrastructure fund, which has so far attracted $400m in third-party capital.

Senior managing directors Michael Dorrell and Trent Vichie will form a new team that will continue fundraising for their debut infrastructure fund, which has so far attracted $400m in third-party capital.

Senior managing directors Michael Dorrell (pictured) and Trent Vichie will form an independent shop that will continue fundraising and retain about $400m in existing commitments.

A greatly oversubscribed £600m bond sale that closed earlier this month may be followed by another offering in the next 12 months, though the focus at the moment is on improving the airport’s operations.

Will many big-ticket fund managers be forced to slash their fundraising targets?

As a recent move by Quebec’s La Caisse demonstrates, resilience has become a reason to deleverage infrastructure assets and enjoy their inherent stability. Times have clearly changed, writes Cezary Podkul.