Michael Likoskydirects the Center on Law & Public Finance and is senior fellow at New York University’s Institute for Public Knowledge. He has written five books, including three with Cambridge University Press, most recently Obama’s Bank: Financing a Durable New Deal,and advises government officials, leading investors, major firms, labor unions and others on infrastructure policy and investment. Institutional Investing in Infrastructurecontributing editor Tyson Freeman spoke to Likosky about the U.S. infrastructure market and in particular the progress of the P3 model and possibilities for a U.S. Infrastructure Bank.

What is your focus at NYU?

At NYU’s Center on Law & Public Finance, we are working with federal and state officials to catalyze a broad market for model partnerships with generous financial support from The Rockefeller Foundation. At the federal leve