23.03.2016 - GIP raises $2.75b for first Australian infrastructure fund
Global Infrastructure Partners, one of the proposed new owners of Asciano's Pacific National rail business, has raised around $2.75 billion for its first Australian infrastructure fund to take advantage of rising demand for infrastructure investments. CPPIB has a 33 per cent share of the consortium, while GIP has 27 per cent, according to the scheme implementation deed. China's CIC Capital Corporation has 16 per cent, while Singapore sovereign wealth fund GIC and the British Columbia Investment Management Corporation each have 12 per cent stakes...............................................Full Article: Source
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