April 2009 Issue


    Month: April
    Year: 2009

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    Sector report: the $475bn opportunity

    India requires nearly $500 billion of new infrastructure. Anahita Patell and Luis Miranda of IDFC Private Equity consider the challenges involved in delivering it.

    Editor's Choice

    Toll-road titillation and why infrastructure is family friendly

    At a crossroads

    John Campbell says that private funders must work hard to create a genuine partnership with the state for infrastructure development

    Berlin takeaways

    Cezary Podkul discusses the top ten insights garneredat the recent Infrastructure Investor Forum in Berlin

    Big beasts

    No one agrees on the most influential investors in global infrastructure, but there are many strong contenders. Hereโ€™s our pick, after asking around the industry.

    The new reality

    Private infrastructure investment was turning into a vast new market even before recession forced government to accelerate scheme

    Banking on Obamaโ€™s support

    Supporters of a national infrastructure bank are making it easy for the US president to support the idea: theyโ€™re creating it for him

    The end of project finance?

    With banks pulling away from project-related lending, infrastructure investors must cultivate new sources of financing

    Buying Cinderella

    Cezary Podkul breaks down Citi Infrastructure Investorsโ€™ $2.5bn all-equity bid for Chicagoโ€™s Midway airport.

    Turning the tide

    Highstar Capitalโ€™s $700m concession at the Port of Oakland and CenterPoint Propertiesโ€™ $9bn bid to privatise the Port of Virginia are watershed moments for US port investors.

    Canadian rules

    Keynote: The Canadia Pension Plan Investment Board has long practiced an elevated form of pension management. Now it has brought its do-it-ourselves approach to infrastructure investment. David Snow went to Toronto to meet Mark Wiseman and Graeme Bevans, respectively the firmโ€™s head of all private investments and head of infrastructure.

    Minority rapport

    Minority shareholders in Spanish toll road operator Cintra are enraged by majority owner Ferrovial โ€™s proposed buy out. But thereโ€™s little they can do to stop the deal

    Macquarie cuts both ways

    The global infrastructure heavyweight is slashing jobs as deal activity slows. But itโ€™s hiring, too, as it sees some juicy opportunities opening up beyond infrastructure

    Out with the old

    The fundraising market has collapsed since September. Now funds must change strategy to tap the new money emerging from institutional investors. Michael Kapoor reports.

    Called to Colombia

    Londonโ€™s Ashmore Investment Management is heading for new shores, downturn or no downturn

    Crossing the pond

    Swedish private equity firm EQTโ€™s enthusiasm for public-private partnerships bubbled over into its first North American deal

    The world this month

    A summary of infrastructure news from around the world