Institutional investors say Ofwat inaction is preventing them from providing further funding to the beleaguered utility.
That’s nearly five times its valuation in 2012, when Ontario Teachers’ sold its 79.53% stake for almost $1.3 billion.
The partnership aims to invest in senior direct lending opportunities in Asia Pacific.
Hill was most recently managing director and head of the sustainable energies group at Canada’s largest pension fund.
Despite US constraints and pandemic headwinds, odds are they’ll spring back to their old growth level, analysts say.
Their overseas exposure is expanding, while US funds stay mostly at home.
