Cezary Podkul
Global Infrastructure Partners is raising its second fund without the help of a placement agent. The firm raised its first $5.64bn fund in 2008 with the help of Credit Suisse.
There will be five major groups of investors looking to raise some $80 billion for infrastructure in 2011. Where do you fit in, asks Cezary Podkul.
The governors of Pennsylvania and New Jersey plan to ask the Delaware River Joint Toll Bridge Commission to begin a search for legal and financial advisors for a $310m bridge replacement project on the Delaware River. The commission is expected to seek the advisory services together in one RFP that could be issued later this month.
The state faces a $3.5bn shortfall in its needed annual transportation funding, a situation akin to but worse than 2006, when the state estimated a need for an additional $1.7bn per year for transportation. A bill enabling PPPs is being debated as one part of the solution to the crisis.
For a book with a title like Bold Endeavors, one can’t help thinking Felix Rohatyn ends his case studies of political courage with an unresolved cliffhanger. After all, entangled in war, crushed by debt and stomped by recession, the US is more then ever in need of a bold endeavor to secure its future.
As cities and states all across the US ponder whether to sell or lease infrastructure assets to address their budget deficits, Felix Rohatyn, the man who helped New York City avert a bankruptcy filing in 1975, sees a different solution to their woes – and those of the country in general. And it starts with the federal government, he explains to Cezary Podkul
Diloshini Seneviratne, a senior investment officer on CalSTRS' private equity team, will lead the $133bn pension's foray into infrastructure. CIO Chris Ailman told PEI the private equity 2-and-20 model doesn't make sense for infrastructure.
After spending time in Washington DC quizzing key policymakers on their appetite to finally create a US infrastructure bank, Cezary Podkul finds that prospects for the long-neglected measure may finally be looking up
The legendary investment banker and the Governor of Pennsylvania sat down for an interview with InfrastrutureInvestor to explain why there is an urgent need for an infrastructure bank and why, this time, it is possible to make it happen.
Robert Doekes joined the firm late last year to fill the role. Pauline Debaeke, formely of ING, also joined the firm as a junior asset manager. The firm is currently raising DIF Infrastructure II, which is targeting €500m.