blackrock

BlackRock, Global Infrastructure Partners and Terminal Investment will control the two ports in the Panama Canal; the deal includes ports in Asia, Australia, Europe, and the Middle East, but not in Hong Kong or mainland China. CK Hutchison's co-managing director Frank Sixt said the deal "is purely commercial in nature".

The BlackRock owned infrastructure investor is targeting the region as it is being driven by "strong economic growth".

HPS is a global credit investment manager with approximately $148bn in client assets; BlackRock expects the private debt market to more than double to $4.5tn by 2030.

The former BlackRock executive joins the Swiss investment manager in its Singapore office.

Strong levels of tourism continue to bring investment opportunities in Japan’s rental real estate market.

Google invests in BlackRock-owned NGP to accelerate new energy electricity grid in Taiwan and to achieve its clean energy goals.

Singapore-based Yik Ley Chan joins from Jefferies where he was most recently head of private credit for Southeast Asia.

The combination of the US giants will create a global infrastructure powerhouse with over $150 billion in assets and a strong presence in Apac, and could help reduce project costs.

BlackRock's deputy head of Apac steps up, as predecessor Rachel Lord becomes head of international. The investment firm has also made its largest M&A deal in over a decade to significantly expand its infrastructure assets, including in Apac.