Philippines, 3 Investors Launch $625M Infrastructure PE Fund

Law360, New York (July 31, 2012, 2:14 PM EDT) -- The Philippines' national pension system and three investors on Tuesday unveiled a $625 million private equity fund that will target Philippine infrastructure projects, advancing the government's strategy to promote development through public-private partnerships.

The Philippine Investment Alliance for Infrastructure — the first private infrastructure fund to focus exclusively on the Philippines — aims to help supply meet demand in a cash-strapped country that sorely needs new transportation, agricultural and energy infrastructure.

“We are delighted to ... play a role in reducing the Philippine infrastructure funding gap,”...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.