MetLife Investment Management Originates $15.7 Billion in Private Placement Debt and Private Structured Credit In 2020
2020 business activity includes $3.6 billion of investments originated on behalf of third party institutional asset management clients WHIPPANY, N.J.— MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), today announced it originated $15.7 billion in private placement debt and private structured credit across 215 transactions in 2020. This included $3.6 billion of investments originated on behalf of third party institutional clie...
Transportation Funding Allows Counties and Cities To Prioritize Local Transportation Needs
IERRE, S.D. – The South Dakota Transportation Commission approved over $36 million in funding allocations to counties and class 1 cities throughout South Dakota at their meeting held on February 25, 2021. This total includes $6 million directly resulting from Congress providing additional federal funds to the state under the December 2020 CRRSA supplement appropriations bill. Over $27.5 million will be provided in state funds to the counties and cities, the remaining balance of funds will be...
€200m European venture capital tech fund launched with a mission to de-carbonise cities
A new venture capital fund, 2150, has been launched to invest €200 million ($240 million) in start-up companies developing sustainable technologies to target the carbon footprint of cities. The advisory board for 2150, including former chief sustainability officer in the Obama administration and renowned urbanist and academic, Richard Florida, will review candidate firms working on everything from injecting carbon dioxide into concrete to monitoring energy use in buildings. Based across L...
U.S. Department of Transportation Announces Up to $448 Million Loan for the 183A Phase III, 183S, and 290E Phase III Road Projects in Austin
Refinancing Projected to Save Central Texas Regional Mobility Authority More Than $80 Million WASHINGTON – U.S. Transportation Secretary Pete Buttigieg today announced that the U.S. Department of Transportation’s Build America Bureau (the Bureau) has provided an up to $448.38 million consolidated Transportation Infrastructure Finance and Innovation Act (TIFIA) loan to the Central Texas Regional Mobility Authority (CTRMA) for tollway projects in the Austin, Texas metropolitan area. This is the...
2021-22 Highway Worker Memorial Scholarship Opportunities Available
Application Deadline: April 16 WASHINGTON - The American Road & Transportation Builders Association Transportation Development Foundation (ARTBA-TDF) is seeking qualified students for its 2021-22 “Lanford Family Highway Worker Memorial Scholarship Program.” Applications are due by April 16 and can be found online at www.artbatdf.org. Established in 1999, this first-of-its-kind scholarship fund provides post-high school financial assistance to the children of highway workers...
Fisher, Khan to Lead WSP USA State & Local Government Affairs
John Fisher brings 24 years of public policy and project management experience, 12 with WSP; Omar Khan held senior roles for the NYC Mayor’s office and in the Obama Administration SAN FRANCISCO/NEW YORK CITY — John Fisher and Omar Khan have been named senior managing directors for State and Local Government Affairs at WSP USA, a leading engineering and professional services consultancy. John Fisher Fisher, who is based in San Francisco, has been a project manager for multiple tra...
PennDOT Announces ‘Major Bridge P3 Initiative’ Next Steps, Private Sector Opportunities
Harrisburg, PA: As part of its study to explore sustainable transportation funding methods and completing critical projects, the Pennsylvania Department of Transportation (PennDOT) has announced the bridges being considered for its PennDOT Pathways Major Bridge Public-Private Partnership (P3) Initiative, and the coming industry opportunities to participate. “Our reliance on funding models from the last century leaves us especially vulnerable to fund losses stemming from volatile economic cond...
More than $100 Million Going to Rural Communities for Infrastructure Improvements
INDIANAPOLIS – The Indiana Department of Transportation announced today that $100.8 million in federal transportation funding is being awarded to 54 cities, towns, and counties in rural portions of Indiana to invest in local road and bridge improvements as well as sidewalk and trail projects. Combined with local funds, approximately $124.9 million is being invested in infrastructure in communities receiving funds. Types of projects receiving funds include 32 bridge rehabilitation/replacement...
U.S. Department of Transportation Announces $76 Million in Airport Improvement Grants
WASHINGTON – The U.S. Department of Transportation today announced three grants for infrastructure projects through the Federal Aviation Administration (FAA) FY2021 Airport Improvement Program. The grants, the first of approximately $3.2 billion in funding available through this program annually, will provide a total of $76 million to Chicago O’Hare International, Dallas-Fort Worth International and Fort Lauderdale/Hollywood International Airports. “Modernizing our nation's infrastructure is...
HDR Transit Grant Experts Help Secure $1.2 Billion for Agencies
An early design concept for NICTD’s Double Track project in Northern Indiana. Design subject to change. Recent Awards Continue Strong Record of Successful Applications in FTA’s CIG Program OMAHA, Neb. — HDR’s transit and grant experts have helped a trio of agencies recently secure a combined $1.23 billion in federal grant awards for four capital projects. The recent funding from the Federal Transit Administration’s Capital Investment Grant program will contribute to $3.1 billion...
Video: New Roundabout Under Construction at McIver and Old Florence Roads in Darlington County
Promenade at The Point
June Issue 2026
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