Hastings signs mandate with Japanese institution for infrastructure debt
Global infrastructure fund manager Hastings Funds Management has won an infrastructure debt investment mandate from the Development Bank of Japan Inc. and DBJ Asset Management Co., Ltd (collectively DBJ Group), targeting investments in OECD countries.
This mandate adds to the success of Hastings’ infrastructure debt business which has shown strong growth with AUD3 billion (US$2.23 billion) in funds under management and more than 40 infrastructure debt investments globally as at 31 January 2017.
Andrew Day, the CEO of Hastings, said:
"Hastings is pleased to have established another important investment relationship with a major and well-respected partner in the Japanese market and anticipates that this relationship will expand over time. “
"This marks another important milestone in Hastings’ continued successful and rapid extension of our Asian footprint.”
Country news
-
-
April 04, 2017
Fukuoka International Airport in Japan is to be privatized
The government of Japan is to privatize Fukuoka International Airport, Japan’s fourth biggest airport measured by passenger traffic after Tokyo Narita, Tokyo Haneda and Kansai.
Read more -
February 23, 2017
CIM Group to sell minority stake
CIM Group, LLC and Mitsui & Co., Ltd. have announced a strategic partnership that expands both organizations’ growth initiatives in real estate and infrastructure investments across North America.
Read more -
January 13, 2017
AMP Capital’s global infrastructure platform exceeds US$2 billion target at FC
AMP Capital has raised US$2.4 billion for its global infrastructure platform at final close, with more than 50 institutional investors committing to its global mandate to invest in high-quality assets offering the best relative value.
Read more -
September 06, 2016
Concession agreement signed for toll road privatization in Japan
Aichi Road Concession, Inc. and the Aichi Prefectural Road Public Corporation (APRPC) signed on August 31 an agreement for the concession of a toll road in Aichi prefecture, in central Japan. Read more -
August 26, 2016
Japan's Pension Fund hires Mitsubishi UFJ Trust for global infrastructure
Japan's Pension Fund Association for Local Government Officials, or Chikyoren, has announced it has hired Mitsubishi UFJ Trust and Banking to manage its global infrastructure investments. Read more
