Dr. Gautam Bhandari, co-founder and managing partner of I Squared Capital, a global infrastructure investment manager, was appointed global chief investment officer of the firm. Bhandari will be responsible for leading the firm’s global investment strategy in close collaboration with Dr. Sadek Wahba, founder, chairman and managing partner of I Square Capital.
GTT Communications entered into a restructuring support agreement with key stakeholders, including holders of a majority of its secured and unsecured debt and I Squared Capital, to implement a restructuring of the company’s remaining balance sheet.
I Squared Capital invested approximately $200 million as a first tranche of a $300 million equity raise in AG&P City Gas, a Singapore-based company that is developing 12 city gas distribution networks, or concessions, in India.
I Squared Capital signed a strategic partnership with a group of institutional investors to deploy up to $800 million in credit investments across multiple sectors and regions. The strategy will target a blend of investments across senior, mezzanine and unitranche debt.