AIG Highstar Capital II, L.P. and Affiliated Funds Mark Final Closing with Capital Commitments of $800 Million.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- AIG AIG addressee indicator group (US DoD) AIG American International Group, Inc AiG Answers in Genesis (religious group in defense of Scripture) AIG Artificial Intelligence Group AIG Australian Industry Group Global Investment Group (AIGGIG), today announced the final closing of AIG Highstar Capital II, L.P. and its affiliated funds ("Highstar II"), with capital commitments of $800 million. Highstar II is a group of private equity buyout funds formed to invest in infrastructure (including energy) and related assets and businesses. Highstar II is a successor fund to AIG Highstar Capital, L.P., which closed in November 2000 with capital commitments of $406 million. Highstar II is sponsored by AIGGIG. To date, Highstar II has made investments and commitments aggregating over $520 million, including a $101 million investment in American Ref-Fuel, a waste to energy business that was recently sold to Danielson Holding Corporation. Highstar II's portfolio of investments and commitments currently comprises power generation facilities in the U.S., Mexico, Europe, Australia and Asia and a water utility business in the U.S. Commenting on the closing, AIGGIG CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Win Neuger stated, "We are extremely pleased with the Highstar II final closing, which brings total capital managed by the AIG Highstar Team to well over one billion dollars. We believe the diverse group of outstanding limited partners validates our strategy of investing in infrastructure related assets with stable cash flows and good future value potential." AIG Global Investment Group (AIGGIG) comprises a group of international companies which provide investment advice and market asset management products and services to clients around the world. AIGGIG member companies are subsidiaries of American International Group
American International Group, Inc. (AIG) (NYSE: AIG; TYO: 8685 ) is a major American insurance corporation based in New York City. , Inc. American International Group, Inc. (AIG), world leaders For a list of heads of state, see . World leaders is a MMORPG. The game involves creating a state, joining an alliance and going into war. It is mostly played by players from Israel, China, USA, Britain, Brazil and Saudi-Arabia. in insurance and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , is the leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world. AIG's common stock is listed in the U.S. on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. and ArcaEx, as well as the stock exchanges in London, Paris, Switzerland and Tokyo. |
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