InfraRed Capital Partners is planning new fund launches in Asia. InfraRed - which was rebranded from HSBC Specialist Investments following a management buyout - is in the process of capital raising for its third greenfield infrastructure fund, which had its first $ 580 mln (EUR 409 mln) closing in March 2010. The fund has a target size of around $1 bn.
Portuguese real estate investor and developer Bondstone is investing around €70 mln in a residential development in Belas Clube de Campo, municipality of Sintra, Portugal.
