"AECOM Capital is a visionary investment platform that provides us with opportunities to play an important role in development projects as our clients pursue alternative-delivery options and look for partners who can provide financing, along with our traditional services," said John M. Dionisio, AECOM chairman and chief executive officer.  "This fund also provides another opportunity to connect us with infrastructure projects that can benefit from our comprehensive service offerings."

John T. Livingston is chief executive of AECOM Capital.  "As we have previously noted, this fund differentiates AECOM in the marketplace as we help to supply equity and align interests with our development partners and create additional opportunities for our businesses," said Livingston.

One of the projects that AECOM Capital is currently invested in is Provost Square, a luxury 417-unit apartment rental tower in Jersey City, N.J.  The building is being developed jointly by Toll Brothers City Living and AECOM Capital.  It is being constructed by AECOM's construction services business.  Leasing is anticipated to begin during early 2015.

AECOM's previous experience with alternative delivery and project financing includes its successful investment in Meridiam Infrastructure Fund, which works with public authorities to procure and manage infrastructure for local developments.