This acquisition of Infraestructura Institucional, a specialist in transportation, energy and social infrastructure, is another step towards establishing BlackRock’s infrastructure investment capabilities in Latin America.
Afores join forces with Canadian investor to fund Mexican infrastructure projects
CDPQ, whose president is Michael Sabia (photo) and the consortium of Mexican Afores plan to commit about USD 1 billion each to the venture. CDPQ will hold a 51% interest, with Afores XXI Banorte, Sura, Banamex, Pensionissste and infrastructure fund Fonadin holding the rest.
Aberdeen continues alternatives push with new UCITs launch
The fund launch builds upon Aberdeen's efforts to diversify its product lineup, which it has also done via the acquisitions of Arden Asset Management and Flag Capital Management.
Strong VC performance drives jump in State Street’s GX Private Equity Index
Venture capital was the best performing private equity strategy with a return of 3.87% in the quarter. However, Will Kinlaw, head of State Street Associates, warned that fund distributions are outpacing capital draws over the last 33 months. Limited partners may be at a loss on whether to reinvest these assets in private equity.
Compass Group relaunches fund management operation, unveils USD 1.4 billion fund lineup
Jaime Martí, partner and country head-Chile at Compass Group, said the manager had recently finished adapting all of its investment vehicles to the new guidelines established by the Unified Fund Law (LUF).
Aberdeen deepens global alternatives presence with purchase of US-based boutique
Aberdeen CEO Martin Gilbert (photo) said the purchase "strengthens further our private-market capability by bringing additional Asian expertise and new US resources." The acquisition enhances its multi-manager coverage of hedge funds, property- and private-market allocations, infrastructure and pan-alternative products.
BNP Paribas delves into alternative investments in Brazil
President of BNP Paribas AM, Luiz Sorge (photo), predicted that the new area will come to represent between 5% and 10% of overall AUM.
KKR appoints Luis Téllez as senior advisor
Téllez is the former Chairman of the Board and CEO of the Mexican Stock Exchange, where served for the last five years. In this role, he presided over the largest number of IPO in the history of BMV and he oversaw a full upgrade of the technological capabilities of the exchange.










