EUROPE - CVC launches new infrastructure business

Vineberg joins the company following a period as global head of infrastructure investment at Colonial First State Global Asset Management, the investment management subsidiary of the Commonwealth Bank of Australia. In his former role he was responsible for a global portfolio which in Europe included investments in the Inexus Group, Anglican Water Group and the recent acquisition of the Norweb electricity distribution business.

The new venture is due to launch a new EUR 2bn fund in early 2008, which will invest primarily in Europe and also in Asia and the US.

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