Saudi wealth fund PIF leads investment in $800m Middle East infrastructure fund
The Public Investment Fund, Saudi Arabia’s sovereign wealth fund chaired by the Crown Prince, has agreed to commit up to a fifth of a planned $800m Middle East infrastructure fund being established by Aberdeen Standard Investments and Investcorp. The Aberdeen Standard Investcorp Infrastructure Partners fund has received the pledge of as much as $160m from […]
Bell tolls for John Laing: Infrastructure champion has rolled over too quickly for private equity predators, says ALEX BRUMMER
Private equity pioneers KKR, the original ‘Barbarians at the Gate,’ want stakeholders to believe they are doing them a huge favor by offering £2billion for British infrastructure giant John Laing. As with so many recent private equity deals for FTSE 250 companies, the premium to the current share price of 33 per cent looks generous. […]