Asset Management Analyst

Financing rises in digital platforms and renewables projects. Recent financing deals involving Cold Bore Technology and Soltage underline the importance of digital platforms and renewables Cold Bore Technology has closed $14M in growth financing in a round that was led by bp ventures with participation from the Canadian Business Growth Fund (CBGF). Cold Bore is leading a shift in the completions (fracking) industry towards safer, more autonomous operations by providing oil & gas companies with SmartPAD, a centralised fully integrated software and hardware platform designed to collect, analyse, and report data. Better utilisation of this data unlocks operators' ability to make improvements across all KPIs. Results from a recent SmartPAD implementation with Hibernia Resources, saw the Permian-based producer able to reduce the duration of their completions program by 15 days (27%), with commensurate reductions in cost and emissions. Along with this investment from bp ventures, bp will be deploying Cold Bore's SmartPAD in bpx energy's US onshore operations. The technology will support bpx's efforts to continuously improve its operations. "The oil & gas industry has realised that technological innovation is key to meeting growing calls for reduced emissions and improved returns. Cold Bore is proud to be playing a leadership role in the future of oil & gas operations." said Brett Chell, Co-founder & President at Cold Bore Technology. "As we scale to meet incredible demand, we're excited to have a strong strategic partner in bp, a forward-thinking international energy company, and to play a part in helping bp reach its carbon and operational targets. The future of the oil & gas industry is autonomous operations." Existing investors include the Rice Investment Group (RIG), a $200M multi-strategy, energy sector investment fund. Another company in the spotlight last week was Soltage, a leading independent renewable power producer, which has raised a $130M debt facility led by Silicon Valley Bank. The investment will finance a 110MW national portfolio of projects across North Carolina, South Carolina, Maine, Illinois, Virginia and Maryland. The construction of this portfolio will be staged over the next three quarters, with construction currently underway on ten projects across four states. Customers purchasing electricity from the projects financed through this debt vehicle include Investor Owned Utilities buying power under Public Utility Regulatory Policies Act (PURPA) contracts, community solar subscribers and corporations purchasing power from the portfolio to meet clean energy goals and lower energy costs. Silicon Valley Bank is the Sole Coordinating Lead Arranger of the debt facility with three other banks included as lenders. This facility includes an optional $100M expansion feature to finance additional projects beyond the current set of identified projects. This announcement marks the latest development for the Soltage Iris capital vehicle, following Soltage and Harrison Street's $250M commitment in March to deliver 450MW of new solar, solar+storage and standalone storage development across the US. "Soltage continues to provide stable investment opportunities for capital providers who are looking for bankable approaches to sustainable infrastructure investment," said Sripradha Ilango, Soltage CFO. "We are pleased to continue to bring to market high quality project portfolios that open avenues for corporations, utilities and families to adopt solar power and achieve decarbonisation priorities." "We are at a critical point where funding domestic infrastructure to bring more clean energy online in the United States is of the utmost importance," said Bret Turner, Market Manager at Silicon Valley Bank. "Our team is proud to work with Soltage to support building these essential zero carbon energy projects in key locations across the country." This announcement is part of a continued movement of mainstream investors looking to solar and other renewable infrastructure assets for long-term investment opportunities. Soltage has deployed over $1B into clean energy assets across the US since its founding in 2005. SVOLT Energy Technology Co., a leading EV battery manufacturer, held a B Round Financing Transaction Ceremony in Changzhou, Jiangsu on July 28. Following the completion of A Round Financing of RMB 3.5 billion ($538 million) at the end of February, the company rapidly closed this third round of market-based equity funding, raising a total amount of RMB 10.28 billion ($1.58 billion). Last month also saw Longroad Energy, a US-based renewable energy developer, owner and operator, complete term financing for Sun Streams 2, its 200 MWdc solar project in Maricopa County, Arizona. Longroad owns 100 percent of the project after acquiring it in early 2021 from First Solar, the original developer. Article Written by Dominic Ellis & Posted by Energy Digital

Harrison Street Asset Management appoints Humphrey as Asia co-head for Investor Solutions. Harrison Street Asset Management has appointed Michael Humphrey as managing director and co-head of Asia for its Investor Solutions Group, as the alternative investment manager prepares to open an office in Singapore. Humphrey will lead the planned Singapore office, which will become the firm's third location in Asia, alongside existing offices in Tokyo and Seoul. He will work alongside Injong Kim, who also serves as co-head of Asia for the Investor Solutions Group. Kim will lead the firm's investor engagement and capital formation efforts in Korea, while Humphrey will focus on other key Asia-Pacific markets. Humphrey will report to Geoff Regnery, co-president and global co-head of the Investor Solutions Group. The firm said James Choi, previously head of Asia in the Investor Solutions Group, has been elevated to take on broader responsibilities across Harrison Street Asset Management. Humphrey joins from StepStone Group, where he was managing director and head of Asia. His role there covered fundraising, research, fund investments, secondaries and co-investments across the region. He previously held leadership roles at Courtland Partners and has more than two decades of experience working with institutional investors globally. Harrison Street Asset Management said Humphrey and Kim will support the firm's institutional investor relationships and capital formation activities across Asia. The firm manages USD109 billion in assets across infrastructure, real estate and credit strategies.

US investment firm Harrison Street taps Michael Humphrey from StepStone as managing director and Asia co-head. June 16, 2026 US alternative investment firm Harrison Street Asset Management has tapped Michael Humphrey from StepStone Group as managing director, and co-head of Asia within its investor solutions group with Injong Kim, and announced plans to open an office in Singapore. Michael Humphrey Humprey takes over from James Choi, who has been promoted to take on broader responsibilities, Chicago-based Harrison Street, which manages US$109 billion of assets, says in a statement on June 12. Humphrey was managing director and head of Asia at StepStone Group, a US private markets investment firm. At Harrison Street, he and Kim will co-lead investor engagement and capital formation activities throughout Asia. Kim will continue to lead the Korean team, while Humphrey will lead other Asia Pacific markets. Humphrey will also head the Singapore office, which will be the firm's third in Asia after Tokyo and Seoul. It did not give a timeline to establish the new office.