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May 31, 2006

GE, Credit Suisse Start $1B Infrastructure Fund

GE, Credit Suisse Start Infrastructure Fund By Matthew Goldstein Senior Writer 5/31/2006 9:41 AM EDT

The Street.com - Credit Suisse (CS:NYSE) and General Electric (GE:NYSE) are teaming up to invest in public works.

The two companies are launching a $1 billion joint venture to invest in "energy and infrastructure assets." The fund will target power plants, pipelines, airports, railroads and toll roads located across the globe.

Credit Suisse and GE are each investing $500 million...

Full Story...

Posted by rjorr at May 31, 2006 8:04 PM