Alexandra Atiya

The state’s $15bn oil and gas endowment has established a 10% real return allocation, which could include investments in timber and infrastructure, and has begun to look for an investment officer to direct the real return group.

Australian asset manager Access Capital has teamed up with the real estate fund manager founded by former Secretary of Housing and Urban Development Henry Cisneros as it targets PPPs and subordinated municipal debt.

Corridor Energy will focus on US energy infrastructure that can be classified as real estate investment trusts.

Mexico released statistics showing that fund managers raised more than $3bn from Mexican pensions to invest in private funds, including real estate-focused vehicles.

The Inter-American Development Bank approved the loan as a way to ‘foster more participation’ in the fund. Macquarie also released details of the fund’s recent purchase of Decarred, a company that maintains 10 stretches of highway in the US-border state of Durango.

The Macquarie Mexican Infrastructure Fund will acquire a company with a 20-year contract to reconstruct and maintain highways in the Mexican state of Durango. The firm has also placed Macquarie executives Martin Stanley and Chris Leslie on its board.

An IRS ruling opened the way for five investors to create first-of-a-kind real estate investment trusts to invest in US electric and gas distribution and transmission networks.

The state has now issued a request for proposals for the Multi-Modal Passenger terminal in Atlanta, the second Georgia PPP to come to market this year.