Jordan Stutts
Going direct is well-suited to infrastructure. But anyone looking to do it will have to tackle tough questions around compensation and transparency.
The risks of sharing a blind pool where the sovereign wealth fund plays such an outsized role are being thrown into sharp relief.
One investor said the original rate was ‘just not a standard hurdle’, as we take a closer look at the $5bn first close.
The fact workplace diversity played a role in Chicago Teachers’ recent $50m infrastructure allocation underlines how important the issue is becoming to LPs.
CIO Angela Miller-May stressed it wasn’t the clincher in its recent decision to allocate $50m with IFM Investors and Ullico Investment Advisors.
There is strong demand for an infrastructure performance benchmark
Technology has enabled investors to learn more about how infrastructure assets work than ever before – and they’re taking advantage of this insight in different ways.
The president told House Democrats that PPPs will not solve US infrastructure problems, indicating he will extend federal spending instead for his 1$trn infra spend.
The agency said the Swiss firm ‘improperly allocated’ almost $1.3m of expenses to the vehicle it managed until 2014.
The infrastructure plan, first proposed before the US election, calls for tax credits of up to 82% of equity investments to lure in private investors.