‘Fake infra’ threatens real deal
Listed infrastructure is an ill-defined asset class that is often sold with false promises, threatening to discourage institutional players from genuine long-term investment in capital projects.
Listed infrastructure is an ill-defined asset class that is often sold with false promises, threatening to discourage institutional players from genuine long-term investment in capital projects.
CalPERS’ board has named Meketa its new infrastructure consultant, citing its high ratings and setting aside investment office calls to have a single adviser for infrastructure and real estate.
Migros-Pensionskasse CIO Adrian Ryser says the fund has added to its alpha-generating satellite assets with senior loans and other sub investment-grade credit, high yield and infrastructure.
The first-ever benchmarks for private infrastructure equity and debt investments have been provided by EDHEC Infrastructure, which is releasing hundreds of new indices to end confusing packaging.
Long-term investment in real estate, infrastructure and asset based lending, including financing ships and aircraft where traditional bank backers have fled, make up the German fund’s strategy.
HOOPP is in an extraordinary position of being 122 per cent funded. It continues to focus on innovative investments - such as credit derivatives - as a way to achieve its pension promise.
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