Kyle Mangini

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 […]
Investment Strategy

IFM ramping up GDP-linked infrastructure

Infrastructure investor Industry Funds Management believes that 2013 could be a good year to invest in GDP-linked assets after significant investment in regulated assets in recent years. Kyle Mangini, IFM’s Melbourne-based head of infrastructure, says that valuations for GDP-linked assets, such as airports, seaports and toll roads are at an attractive point in the cycle, […]
Investment Strategy

IFM, Colonial First State take different roads, ports

Industry Funds Management says it is a long-term investor. Very long-term in a business where long-term is considered by many asset managers to be five years. “We have an investment horizon of 50 to 60 years,” says Kyle Mangini, IFM’s global head of infrastructure, who moved to Australia in 1991 after graduating from Wesleyan University […]