Allocations
Stephen Yates examines Preqin’s latest data on wind power deals, including aggregate deal value, average deal size and the most prominent regions for wind power deal activity.
Preqin’s Infrastructure Deals module on Infrastructure Online includes extensive information on over 11,200 completed transactions in infrastructure assets globally. These deals encompass a wide variety of investors, ranging from infrastructure fund managers and direct institutional investors to developers, contractors and other industry-specific trade investors. Over 8,100 infrastructure transactions have been completed since 2006, worth an estimated deal value of approximately USD1.8 trillion. Renewable energy is a prominent sector within the asset class, with
A Fitch Ratings analysis of three of the largest US alternative investment managers shows that each firm should be able to sufficiently cover outstanding debt obligations, including 30-year bonds, under a 10-year runoff scenario.
This would be achieved through fee-related cash flows and discounted asset realisations.
The runoff analysis complements Fitch's standard, going-concern evaluation of alternative investment managers, which takes into account franchise strength, management quality, performance strength and ability to continue to raise additional assets under management.
In Fitch's opinion, The Blackstone Group, LP (Blackstone, A+/Stable) has the most flexibility when it comes to debt repayment under the runoff
D E Shaw Renewable Investments and Bright Plain Renewable Energy (BPRE) have acquired two solar projects with a combined capacity of 7.1 MW-DC located in Indianapolis, Indiana.
The projects were developed by Community Energy, Inc (CEI) and acquired by an affiliate of DESRI in partnership with BPRE. The sites are located on industrial property owned by Citizens Energy Group (Citizens), including a former monofill landfill.
groSolar will serve as the engineering, procurement, and construction contractor for the projects, and provide operations and maintenance services to the facilities once they are operational later this year. The projects are expected to produce
Alternative investments firm QIC has formed a USD764 million (AUD1 billion) Asia-Pacific infrastructure partnership with the California Public Employees' Retirement System (CalPERS).
The partnership represents CalPERS' first Asia-Pacific infrastructure commitment and adds another of the world's largest pension funds to QIC's infrastructure client base. Under the terms of the arrangement, QIC will source, create and manage a portfolio of Asia-Pacific infrastructure assets for the partnership.
Ross Israel, Head of QIC's Global Infrastructure says: "We are very pleased to have entered into this partnership with a pension fund of CalPERS' stature and for an investment mandate of this scale. CalPERS has
Some fund managers are passing up European investment opportunities in a bid to steer clear of the Alternative Investment Fund Managers Directive (AIFMD), according to a panel of experts at the Guernsey Funds Forum 2015.
The event was held in London last week and attracted more than 500 attendees to listen to keynote speaker Guy Hands and two panel sessions. The first of those was titled ‘meeting the needs of European private equity’, including a focus on Base Erosion and Profit Shifting (BEPS) and the Alternative Investment Fund Managers Directive (AIFMD).
Tim Hames (pictured), Director General of the British Private
Glilot Capital Partners, an Israel-based venture capital fund investing in early-stage enterprise software start-ups, has held the closing of a USD77 million fund, Glilot II.
The firm’s second fund was raised on the successful track record of the firm's first fund, Glilot I, which has had three exits to date and distributed significant profits to its investors since its inception less than four years ago.
Glilot I, was founded in 2011 by Kobi Samboursky and Arik Kleinstein, was a $30 million fund that invested in eight companies. Among its investments are Aorato (acquired by Microsoft), Insightera (acquired by Marketo) and
CIT Corporate Finance served as Administrative Agent on a USD40 million senior secured asset-based revolving credit facility for TowerBrook Capital Partners, a private equity firm.
The financing was used to facilitate the acquisition of a majority stake in J.Jill, a vertically integrated, multi-channel retailer of women’s apparel, accessories and footwear, from an affiliate of Arcapita Bank BSC, an international investment firm. Financing was provided by CIT Bank, the U.S. commercial bank subsidiary of CIT.
The J.Jill brand and focused product is designed for women who lead rich, full lives and is recognised for style, comfort and quality. With a strong
The Depository Trust & Clearing Corporation (DTCC) has launched a new capability within its Wealth Management Services (WMS) business to streamline the processing of internal account transfers for alternative investments.
With DTCC’s Alternative Investment Products (AIP) service, market participants can now fully automate account transfers for non-traded real estate investment trusts (REITs) and business development corporations (BDCs). This allows broker/dealers to systematically manage the complex activities required to re-register accounts and internally transfer investors’ shares between closing and opening accounts, as needed.
Currently, account transfer transactions are largely manual operational processes – incurring paper trails, multiple registrations and numerous inter-departmental
Horizon Technology Finance Corporation has closed a USD7.5 million venture loan to SilkRoad Technology, a provider of cloud-based talent management solutions. SilkRoad will use the funds for working capital purposes.
"SilkRoad, a provider of innovative human resources management software, is an exciting addition to our diversified venture loan portfolio," says Gerald A Michaud, President of Horizon. "SilkRoad's product offerings assist companies with a variety of mission critical human resource needs. With our growth capital, SilkRoad has bolstered its liquidity to contribute to its encouraging growth outlook."
John Shackleton, President and CEO of SilkRoad, says: "We appreciate the support and financing
Moorfield Group has completed the acquisition of the mixed-use Riverlights scheme in Derby for GBP16.5 million, representing a yield of 10 per cent. The asset has been bought out of administration.
Extending to 199,008 sq ft including four upper floors, Derby Riverlights comprises a combination of retail and leisure units ranging from 3,600 to 8,000 sq ft, alongside two hotels occupied by Holiday Inn and Hampton by Hilton, and a Genting Casino.
Built in 2010, Derby Riverlights is located on the eastern edge of Derby city centre, adjacent to the intu Derby shopping centre and Riverside Gardens, and acts
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
