First close will occur by summer on a €1.5 billion Europe-focused infrastructure fund

UBS Asset Management has been dealt a dealt a significant blow in London with the departure of long-standing leading light Alessandro Merlo

Fiera Capital Corporation has appointed Klaus Schuster as executive director and chief executive officer EMEA from the end of May

Data infrastructure and analytics company Lumina CloudInfra has committed to investing around $300 million in its first hyperscale data centre campus in Maharashtra, India

The European Commission has unconditionally approved US telecom providers Viasat’s acquisition of British satellite business Inmarsat

British internet of things and infrastructure firm Connexin has reached 25,000 customers and is northern England’s largest alternative fibre network

Global asset manager DigitalBridge has partnered with the Public Investment Fund to develop data centres in Saudi Arabia and across the Gulf Cooperation Council

The UK government has set up the Space Clusters and Infrastructure Fund – the first dedicated fund for UK space infrastructure

Ares Infrastructure’s debt fund has agreed to provide a £160 million financing package to UK fibre provider Toob to fund its network expansion

Final close on a flagship European fund will take place early in Q3, as investors finalise investments in the vehicle

Scottish alternative network provider GoFibre has published a list of 32 locations across Scotland and England which will benefit from the provider’s 10Gbps fibre to the premises connectivity

UK full fibre broadband provider 4th Utility has secured a £25 million financing package from Netherlands-based bank NIBC to accelerate its growth in the UK

French telecoms company Altice has increased its interest in BT Group from 18% to 24.5%

Areim has held the final close of its Nordic data centre fund, Areim DC Fund, at €446 million