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Bruno Alves

Bruno Alves is Senior Editor of Infrastructure Investor. Bruno has been a journalist since 2004 and joined Infrastructure Investor in 2009, where he quickly rose to become Associate Editor and a leading writer covering the infrastructure asset class. In 2013 he joined Euromoney to edit their Trade Finance title, before returning to PEI Media in late 2014 as the launch editor of Low Carbon Energy Investor, PEI’s global energy transition publication.
The senior management of HSBC’s infrastructure and real estate arm is in talks with the parent bank regarding a management buyout. The deal would leave HSBC with a 20% stake in its specialist unit and would pre-empt expected regulatory changes that could impact banks’ ownership of private equity vehicles.
The real estate arm of Qatar’s sovereign wealth fund has bought 5% of French utility company Veolia Environnement. The acquisition is the fund’s second foray into the French infrastructure market after it acquired 5.78% of VINCI.
Christoph Schumacher, the head of indirect investments at Generali Deutschland Immobilien, the insurance group’s asset manager, said at Infrastructure Investor: Europe 2010 that LPs investing in infrastructure should create a platform for discussion similar to real estate’s INREV or private equity’s PEIA.
Senior Mexican government officials were in Madrid yesterday wooing Spanish firms and investors for the $50bn in infrastructure the authorities plan to tender this year. The standouts are a new airport in the Mayan Riviera and a multi-hundred million dollar highway package in the state of Jalisco.
Global Infrastructure Partners’ Michael McGhee said at a conference yesterday that the fund was planning to issue bonds later this year to refinance a short-term loan it took out when it bought Gatwick airport for £1.51bn last year. The issue would be done in Gatwick’s name, not GIP’s.
The property group has mandated HSBC Mexico to act as fiduciary and help raise a $256m industrial fund focusing on investments in logistics platforms across Mexico City, Guadalajara and Monterrey. The new vehicle will target returns of between 13% and 16% and is expected to be fully invested in four years’ time.
The Abu Dhabi Investment Authority has bought a 15% stake in London’s Gatwick airport for £125m. The deal is part of Global Infrastructure Partners’ plan to syndicate equity after it purchased Gatwick from Ferrovial last year for £1.51bn.
South Korea's national pension isn't the only party lining up for GIP's equity syndication following its £1.5bn Gatwick deal.
South Korea's National Pension Service will buy a 12% stake in London’s Gatwick Airport from Global Infrastructure Partners for £100m. The UK's price correction makes property in the country a 'good buying opportunity'.
The National Pension Service is planning to buy a 12% stake in London’s Gatwick Airport from Global Infrastructure Partners.
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