Pension funds buy stake in UK water utility from KKR
US-based investment firm KKR has agreed to sell its 75% stake in UK water utility South Staffordshire for an undisclosed amount to Arjun Infrastructure Partners (AIP).
Rayonier eases interest burden of joint venture with Phaunos
Rayonier, a major US timberland investor, has agreed to inject about $160 million from an existing term loan facility to pay off the debts of the Matariki Forestry Group, its New Zealand joint venture with the Phaunos Timber Fund.
Ambienta exceeds €300m target for second environmental fund
Ambienta, an Italian private equity firm, has closed its second environmental technology fund, having raised €323.5 million ($405 million).