BlackRock has been hired by Saudi Arabia to advise a new investment fund established to help finance a drive to upgrade infrastructure.
BlackRock closed its Global Renewable Power Fund III at almost three times the size of its predecessor.
Nuveen has agreed to acquire renewable energy manager Glennmont Partners, bolstering the firm's private infrastructure platform.
Brookfield Asset Management closed its second global infrastructure debt fund, the $2.7 billion Brookfield Infrastructure Debt II.
DIF Capital Partners closed its latest fund, DIF Infrastructure VI, at $3.5 billion.