Institutional Investing in Infrastructure
April 2011: Vol. 4, Number 4Buy For $175.00 Add to Cart
No Complaints Allowed: Procurement Is and Will Continue to Be a Painful Process
At the 2010 Institutional Investing in Infrastructure Editorial Advisory Board meeting, the topic of procuring investments, including the RFI/RFP process and performance measurement and evaluation, were discussed. In the following article, the debate is picked up and the questions asked whether standardizing the RFP or RFI process is an admirable goal, or even feasible, and how the introduction of standards for performance measurement and evaluation could help everyone involved.
P3s in the City: U.S. Municipalities Balance Growing Budget Shortfalls with Infrastructure Needs
As municipalities face budget shortfalls, unfunded pensions, and declining revenue streams, city officials are considering public-private partnerships (P3s) to fill financial gaps. Due to municipal autonomy, cities often have their own ability to pursue a P3 even when the state has no P3-enabling legislation. This has expanded the overall P3 market scope and has led to more diverse projects. However, these deals face the same political hurdles at the municipal level that they face at the state level.
A Conversation with Georg Inderst
Institutional Investing in Infrastructure assistant editor, Tyson Freeman spoke with Inderst about his paper, “Infrastructure as an Asset Class,” EIB Papersvol. 15(1).
3i India Infrastructure Invests in KMC Infratech Ltd.
The $1.2 billion 3i India Infrastructure Fund, an investment vehicle run by international investor 3i Group PLC, is investing $111.51 million in KMC Infratech Ltd. (KMCIL), a subsidiary of KMC Constructions Ltd. (KMCCL) that controls a portfolio of 10 road projects in India totaling 5,000 lane kilometers.
- Alinda Acquires Majority Interest in agri.capital Group
Maine Makes Infrastructure Commitment
The $10.6 billion Maine Public Employees Retirement System made one commitment to an infrastructure fund at a recent board meeting, according to CIO Andrew Sawyer.
New Emerging Markets Infrastructure Index Launched
Dow Jones Indexes, a global index provider, and Brookfield Asset Management Inc., an asset management firm focused on property, power and infrastructure assets, have launched the Dow Jones Brookfield Emerging Markets Infrastructure Index.
Partners Group Closes Global Infrastructure Program
Partners Group, a private markets investment manager based in Zug, Switzerland, has closed its largest dedicated infrastructure investment program to date, Partners Group Global Infrastructure 2009, with €500 million ($705 million).