Investment manager Barings has closed its inaugural Target Yield Infrastructure Debt Fund and associated vehicles at US$630 million, surpassing the high-end target of US$500 million. The strategy, which has garnered interest from a global investor base including a mix of public and private pension funds and insurance companies, is focused on OECD countries primarily in Nort...

Institutional investors, asset managers, private equity firms, sovereign wealth funds, hedge funds, family offices, REITs, and private individuals, the profile of those financing the expansion of the digital infrastructure market is shifting and diversifying supporting the argument that the market is maturing. This also at a time when debt financing is delivering good grade...

TD Bank Group (TD) (TSX: TD) and (NYSE: TD) and Cowen Inc. (Cowen) (NASDAQ: COWN) have entered into a definitive agreement for TD to acquire Cowen in an all-cash transaction valued at US$1.3 billion, or US$39 for each share of Cowen common stock. Through this transaction, TD Securities said the business will accelerate its long-term growth strategy in the United States by a...