Ping An Overseas Holdings, the direct investments and asset management platform of Chinese insurer Ping An Insurance, announced on Tuesday that it has reached the final close for "Ping An Global Infrastructure Funds" at about US$758 million in capital commitments. The funds will primarily invest in telecommunication, transportation, midstream, power, utilities, and other infrastructure assets. [...] Chinese Insurer Ping An Closes Infrastructure Funds With $758 Million In Commitments comes originally from China Money Network. All Rights Reserved.
Ping An Overseas Holdings Announces The Closing Of Ping An Global Infrastructure Funds With $758M In Commitments
Ping An Overseas Holdings Announces the Closing of Ping An Global Infrastructure Funds with $758 Million in Commitments HONG KONG, April 16, 2019-- China Ping An Insurance Overseas (Holdings) Limited, together with its subsidiaries ("PAOH"), the main overseas platform for direct investments and asset management of Ping An Insurance (Group) Company of China, Ltd. (2318.HK, 601318.SH), announced the closing of approximately US$758 million in capital commitments to its Ping An Global Infrastructure Funds. The Funds' investments will be focused on telecommunication, transportation, midstream, power, utilities and other infrastructure assets.
Investing in properties directly offers some benefits that REITs and funds don't. : As sophisticated investors already know, including alternative investments in a portfolio helps protect against volatility and downside risk while providing an opportunity to achieve higher rates of return because of their low correlation to the traditional stock and bond markets. It should then come as no surprise that real estate is among the most popular alternatives since, unlike strategies such as managed futures or derivatives contracts, real estate is tangible. Think office buildings, apartment houses, shopping centers or undeveloped land, among other possibilities.
Integrated Capital Management has closed its debut real estate private equity fund fund at over $30 million. Integrated Realty Capital I LP will make commercial real estate investments across the U.S. in all asset [...]
A partnership between Guggenheim Investments and Singapore sovereign-wealth fund Temasek Holdings is in advanced talks to buy Eastdil Secured from Wells Fargo, according to the Wall Street Journal. As part of the deal, Eastdil CEO Roy March and senior management would take an ownership stake in the commercial brokerage, according to the Journal. Eastdil was long the leader in the New York investment-sales market, but has struggled over the past two years after losing key ... [more]
Exclusive: Deal For New Sri Lanka Oil Refinery Will Take At Least A Year To Finalise - Investor | Reuters
An agreement to build a proposed $3.85 billion oil refinery in Sri Lanka will take at least a year to be finalized as its main investor, India's Accord Group, says it is yet to recruit partners and conduct an assessment of the plan's viability.
Sri Lanka Begins Construction Of $3.85B Oil Refinery Backed By Indian Firm, Oman - The Financial Express
The USD 3.85 billion project is the single largest foreign direct investment in the island nation's history. : Sri Lanka on Sunday began construction of a USD 3.85 billion oil refinery next to a Chinese-run port as part of a joint venture between India's Accord Group and Oman's oil ministry, the island nation's biggest foreign direct investment ever. Prime Minister Ranil Wickremesinghe, whose 70th birthday coincided with the ground-breaking ceremony, said that with investments coming from India, China and Oman, Hambantota is set to become a multinational investment zone.
Yale's Love Affair With Venture Capital Overshadows Other Asset Classes | Swfi - Sovereign Wealth Fund Institute
Yale's US$ 29.4 endowment has earned staggering returns of 7.4% per year over the past 10 years, racing past its benchmark and adding US$ 6.5 billion to the fund. In the year ending June 30 2018, Yale earned 12.3%. Yale's success is due to active management, and an unconventional approach to investing, at least from [...]
Rdif And Aggreko Reveal Strategic Partnership On Microgrids | Swfi - Sovereign Wealth Fund Institute
The Russian Direct Investment Fund (RDIF) and Glasgow-based Aggreko plc, a listed company that provides power, heating and cooling, signed a deal to cooperate on the development of microgrids. The parties plan to invest in the construction of facilities that will provide uninterrupted power supply and temperature control to industrial enterprises and utilities in the [...]
Oman's oil ministry on Wednesday denied being part of a $3.85 billion plan to build an oil refinery in Sri Lanka, a day after the government in Colombo announced the Arab country's participation.