I Squared Capital honoured Asia Pacific Transport Investor of the Year via Cube Highways investment

KUALA LUMPUR, March 17 -- I Squared Capital has received the 2020 Asia Pacific Transport Investor of the Year Award for investment in Cube Highways by Private Equity International and Infrastructure Investor Magazine.

According to Cube Highways in a statement, these awards recognise the world’s most successful private market investors and high-profile transactions and are voted for by investors, industry peers and advisors.

Previously, I Squared Capital won the Asia Pacific Transport Investor of the Year awards in 2015 and 2017.

Squared Capital Managing Partner, Gautam Bhandari said: “Cube Highways has been the most active investor in the Indian roads sector in the last 12 months, with 13 new acquisitions under its belt.

“Cube Highways now has unmatched scale and capability. We continue to build the portfolio through a disciplined selection of assets and world-class operations.”

Cube Highways Advisors Chief Executive Officer, Dr Harikishan Reddy said: “Cube Highways has developed proprietary in-house expertise to de-risk assets with state-of-the-art technologies and material science to operate and maintain its portfolio of highways, ultimately driving process enhancements and creating permanent cost advantages.”

Cube Highways was established in 2014 to acquire and operate a diversi􀂦ed portfolio of toll roads and related infrastructure assets in India .

-- BERNAMA