June 2010 Issue
The Infrastructure Investor 30 methodology
The creation of consistent rules for a compelling, apples-to-apples ranking of the largest investors in the asset class caused us to reach further and dig deeper than any other ranking of infrastructure investors ever before.
The story behind the numbers
Within this yearโs Infrastructure Investor 30 rankings are embedded a number of stories that speak volumes about the characteristics of infrastructure investment today. Cezary Podkul takes a look at some of the key takeaways.
The Infrastructure Investor 30: 2010
We are pleased to bring you the inaugural Infrastructure Investor 30 - a compelling, apples-to-apples ranking of the largest investors in the asset class. It caused us to reach further and dig deeper than any other ranking of infrastructure investors before.
Building Hadrianโs Wall
Chief executive Marc Bajer tells how his new business plans to bring the capital markets back into infrastructure financing.
A test of endurance
A troubled parent group, nervous investors, volatile market conditionsโฆin all, a set of circumstances that ensured Simon Gray and colleagues would face the challenge of a lifetime before eventually breaking away from Babcock & Brown to form independent fund manager Arcus Infrastructure Partners last year. In conversation with Andy Thomson, Gray reflects on turbulent times and opportunities ahead
Political uncertainty โ and what to do about it
The World Bank Groupโs Multilateral Investment Guarantee Agency mitigates political risk with the aim of encouraging infrastructure investment for those who need it most. Edith Quintrell explains how it works
Hedging against the hothouse
If infrastructure investors are not factoring climate change into their business plans, they should be. In a groundbreaking article, Richard Little explores the threats from evolving weather patterns and suggests ways of countering them
What keeps investors awake at night
Which are the risks occupying the minds of infrastructure investors today? Based on the evidence of recent developments, Bruno Alves and Andy Thomson identify the top five
Watch out for the axe
With the UKโs new coalition government needing to cut spending in order to reduce a huge public deficit, will infrastructure projects be in the firing line? Frank Prenesti canvasses opinion
Mapping ownership
UK watchdog OFT is launching the first ever โstock takeโ on the nationโs infrastructure
Minimising maximisation
The implosion of New Yorkโs State Asset Maximisation Board suggests the PPP market is unlikely to grow as a result of commission reports and executive orders. By Cezary Podkul
Battle for the Presidio
A public relations campaign by an engineersโ union almost killed Californiaโs first PPP. But in Illinois, strong support for the stateโs โIllianaโ PPP shows unions neednโt always be feared as the enemy of private investment in infrastructure. Cezary Podkul reports
Doubling up
PGGM has doubled its infrastructure team to focus on direct investments. Henk Huizing, head of infrastructure investments at the Dutch pension asset manager, tells Bruno Alves why
Most-read news stories from InfrastructureInvestor.com over the past month:
Most-read news stories from InfrastructureInvestor.com over the past month: 2010-05-26 Staff Writer 1. Actis, Tata launch Indian infrastructure joint venture The private equity firm and Indian conglomerate have invested a combined $200 million in a joint
Donโt blame the model
State procurement authorities are frequently being advised that they need to remove traffic risk from toll road projects through availability payments on the assumption that the business model is broken. This may be a costly and unnecessary mistake
The EUโs road to hell
The crafters of the AIFM have good intentions, but they must be shown that key proposals of this directive benefit no one and may create a Kafkaesque business environment, writes David Snow
Troubled times
While Portugal has pushed back most of its big infrastructure projects, Greece will test the appetite of jittery investors in September, when it tenders a โฌ1bn airport in Crete
Why the numbers didnโt add up
Toll road traffic forecasts have sometimes proved shockingly wide of the mark. One man has identified 21 reasons for this
Er, could you run that by me again?
Infrastructure appears to play a vital role in American military planning, though itโs far from clear
Time for a u-turn?
The UKโs first governing coalition in 70 years might have one of its first disagreements over how to monetise the countryโs road network
