NEW YORK, May 17, 2009 /PRNewswire via COMTEX/ ----The management team of Babcock & Brown Infrastructure Fund North America LP, a San Francisco based unlisted infrastructure fund that owns and manages energy and infrastructure assets throughout North America, and John Hancock Life Insurance Company, a diversified financial services organization and an existing limited partner of the Fund, today announced the acquisition of Babcock & Brown's interests in the Fund as well as B&B's management rights over the Fund.

Posted by rjorr at May 17, 2009 3:42 PM