Brookfield’s Evoque closes Cyxtera acquisition
Evoque Data Center Solutions has closed the acquisition of Cyxtera’s data centre portfolio, combining their forces to create a data centre company with more than 50 locations around North America
EAIF raises $294m in debt financing
Emerging Africa Infrastructure Fund has raised $294 million of debt facilities, over half its $500 million target for 2025 which the fund set in 2022
Connecticut Retirement fund approves infra pacing plan
Connecticut Retirement Plans and Trust Funds plans to invest $500 million in infrastructure in 2024, marking a decrease of $200 million on 2023
Seth Tan joins OCBC from SMBC
Seth Tan has started at OCBC as the managing director and head of corporate banking China, he announced on social media yesterday
IFC makes $30m investment in African infra fund, AIIF4
The International Finance Corporation has made a $30 million equity investment in the Africa Infrastructure Investment Fund 4 Partnership to boost essential infrastructure development throughout Africa
GIP flagship fund in late stages of fundraising
Global Infrastructure Partners is in the “late stages of fundraising” for one of its vehicles, according to BlackRock chief executive and chairman Larry Fink in the firm’s Q4 earnings conference call
UPDATE: Africa50 fund reaches $222.5m first close
Africa50 has achieved first close for the Infrastructure Acceleration Fund, securing $222.5 million in commitments