June 2014 Issue

We take a look at the key public-private partnership developments from around the world over the last month.

It’s not only the $302bn that the Grow America Act would allocate to surface transportation that makes it ambitious, but also allowing states to toll the interstate highway system for the first time. Kalliope Gourntis reports.

Since predicting a ‘tectonic shift’ in allocations to alternatives, JPMorgan Asset Management (JPMAM) has been readying itself, starting with an extensive internal restructuring. Paul Ryan and Matt LeBlanc talk about that process and their strategy for addressing ‘a new normal’. Kalliope Gourntis reports.

While the poor state of US infrastructure is well documented, a new report by the Brookings Institution and KKR views the problem from a fresh perspective.

FCC and ACS sealed a landmark deal by winning a $5.7bn contract to upgrade Lima’s metro. The Peruvian market holds promise for years to come, writes Matthieu Favas.

As China aims to revive its slowing economy, it seems increasingly intent on putting some infrastructure assets on the block.

For investors who think infrastructure has little to do with asset management, it may come as a surprise to discover examples of fund managers creating businesses from a standing start. Andy Thomson finds out more about today’s operational preoccupations from three experts

Fresh research encourages leaders to put more effort into managing existing infrastructure assets effectively.

After a flurry of IPOs, the UK’s listed renewables market seems to be hitting a bump. Fund managers tell Matthieu Favas why there is no reason to panic.

The European-style waterfall model isn’t just better for investors – it could also be good for GPs too, by reducing their cost of capital. By Nicholas Donato

The state’s governor has vetoed a P3 bill that he described as an ‘otherwise well-intentioned policy measure’ because of the toll ban it imposed on the Brent Spence Bridge project.

Highly successful recent auctions will help Australian states drive through privatisation programmes.

Perceptions around first close incentives like fee discounts are evolving, leading GPs to rethink what types of sweeteners they’re offering to ‘early bird’ investors. By Thomas Duffell

The infrastructure fund landscape is now much more diverse than it was a decade ago. Matthieu Favas reviews the list of options available to today’s LPs

As more institutions in developed infrastructure markets eschew funds in favour of direct investment, large capital pools in Asia are being eyed hungrily. Andy Thomson reports  

MetLife’s backing of a UK port business reminded us of a cartoon legend.

The Gary Airport redevelopment project will treat passengers to a better view.

That’s just one of the extraordinary facts about the Channel Tunnel.

The European Union has updated its approach to providing financial support for the region’s airlines. Julian Ellison of Mayer Brown identifies the key changes

MEAG’s Frank Amberg explains the German asset manager’s approach to infrastructure – and why funds need a ‘very specific edge’ to receive its backing

So dynamic it’s been described as ‘the city that never sleeps,’ it may come as a surprise to learn that New York has one of the most antiquated procurement laws for public infrastructure. Kalliope Gourntis reports

Australia’s eight-year old Future Fund has grown five-fold since inception. Insiders tell Matthieu Favas why the tight-knit institution has what it takes to achieve its mandate