May 2016 Issue
Powering ahead
Energy dominated our rankings over the last quarter, giving a jolt to dealflow in Western Europe. Japanese banks led the pack in reaping the spoils, writes Matthieu Favas
CalPERS boosts infra target
The $288bn pension is looking to increase its infrastructure portfolio to $5bn via a total of 10 managers, writes Chase Collum
CapDyn veterans start Quinbrook
A year after leaving, three of the original founding members of CapDynโs clean energy programme have started their own asset manager, reports Jordan Stutts
Inside Chinaโs One Belt One Road initiative
Berwin Leighton Paisner partners Ilan Freiman and Nigel Ward explore what Chinaโs initiative means for investors and the wider world.
Best of both worlds
While eschewing direct investments, Future Fund has the in-house capability to be an active co-investor. Wendy Norris tells Matthieu Favas and Bruno Alves what it took to invest A$8bn in infrastructure, why itโs rebalancing some of its portfolio and how the Fundโs distinctive strategy allows it to explore new ground.
A global shopping spree
Chinese investors are looking for diversification overseas, but regulation, unfamiliar business practices and security concerns are big obstacles, writes Nia Tam.
Turning inward
Infrastructure remains a top priority for the Chinese government, but the focus has changed to Chinaโs second- and third-tier cities, reports Nia Tam.
The next gen broadband catalyst
The European Commissionโs Anna Krzyzanowska tells Bruno Alves about how it hopes to crowd in private sector capital for its innovative new fund with the EIB
Renewablesโ supply-demand problem
Renewables amount to 25% of PSP Investmentsโ infrastructure portfolio. CIO Daniel Garant tells Jordan Stutts why the pension might struggle to increase its clean energy exposure.
A sinking feeling at the Port Authority
While the bi-state agency recently pushed through the largest allocation in its history for major projects, it also demonstrated to the public sector how not to procure infrastructure projects
A dragon tamed?
American fears about the China-led Asian Infrastructure Investment Bank have so far proven to be exaggerated
An ironic โnoโ
After burning foreign investors in its Gassled gas network with a 90% tariff cut, the Norwegian government has decided it does not want the same fate to befall its $895bn sovereign wealth fund
How to spend it
Whatโs the most expensive object on Earth?
Exhausting options
The infrastructure world is working hard to avoid being disrupted by disruption
Out with the old
Openness, transparency and collaboration are not limited to Canadian Prime Minister Justin Trudeauโs campaign platform, they also feature prominently in his infrastructure plan, which is at the core of his economic agenda. Kalliope Gourntis reports
Time to invest at home?
Canadaโs new government is making infrastructure spending a priority to boost the economy. Four industry professionals and Joel Kranc explore how this might affect prospects for private investors
Bringing investors into construction projects
Three years after its founding, La Financiera de Desarrollo Nacional is laying the groundwork for Colombia to grow its PPP programme beyond transportation. Chase Collum reports
Innovation in road infrastructure
Thierry Dรฉau, Meridiam founding partner and chief executive, takes us inside two of the managerโs cutting edge initiatives: its managed lanes projects in Texas and Marseilleโs L2 road
Keep your seatbelt fastened
Traffic recovery and abundant liquidity are good news for European toll road investors. But ratings agency data points to danger around the corner, reports Matthieu Favas
