Indiana Toll Road

Hedge Funds

IFM’s largest overseas investment is in bankrupt operator

IFM Investors has acquired the Indiana Toll Road Concession for $7.52 billion (USD5.725 billion), the largest overseas infrastructure deal in IFM’s history. IFM Global Infrastructure Fund has agreed to acquire 100 per cent equity interest in the toll road’s concessionaire and operator, ITR Concession Company (ITRCC), who filed for bankruptcy in September, 2014. The ITRCC […]