AGF Management Limited and Instar Group have launched InstarAGF Asset Management, a new joint venture that will provide global institutional investors with access to infrastructure investment opportunities.
Canada needs increased private domestic investment into longer-term projects, such as infrastructure and renewable energy if it's to remain competitive in the global economy, finds a report by the Canadian Life and Health Insurance Association (CLHIA).
The global unlisted infrastructure industry has seen a successful 2013 in terms of fundraising, increasing 31% compared to the year-ago period.
Persistently low interest rates, combined with the threat of a rising rate environment in the not-too-distant future, are causing investors to cast a wider net when constructing fixed income portfolios. But that doesn’t have to mean indiscriminately reaching for yield or taking on unwarranted duration risk.
Brookfield Infrastructure has signed agreements to invest alongside institutional investors to acquire an approximate 27% interest in VLI, one of Brazil's largest rail and port logistics businesses, for US$850 million ($909.2 million), of which Brookfield Infrastructure will invest approximately $350 million ($374.4 million).
The Caisse de dépôt et placement du Québec has acquired a 26.7% stake in the Port of Brisbane for an undisclosed amount.
Earlier this month, the province of Ontario released its economic outlook and fiscal review. A key part of the outlook is to continue to build modern public infrastructure such as public transit, highways, hospitals and schools to support economic growth, prosperity and job creation.
Global alternative asset manager Brookfield Asset Management Inc. held the final close on Brookfield Infrastructure Fund II with equity commitments that amount to US$7 billion, creating a global fund that will invest in infrastructure. The fund will focus on transportation, renewable power, utilities, and energy assets in North and South America, Europe and Australasia.
Bond market challenges are sending pension plans large and small in search of alternative strategies
Samsung Renewable Energy has formed a partnership with Connor Clark & Lunn Infrastructure and Six Nations of the Grand River to provide equity funding for a solar project in Ontario.