Bruno Alves
The stakes are as high as they have ever been for the asset class as the industry’s great and good prepare to attend our Global Summit.
With cheap money out of the picture and the market’s fastest-growing sectors demanding a particular skill set, adding value will look different.
A forensic look at the asset class’s building blocks is urgently needed to take the discussion around sustainable, resilient infrastructure to the next level.
Unlisted, closed-end infrastructure fundraising reached $162bn last year, with four mega-fund closes accounting for 38% of that amount.
Put some distance from the private markets pack, lay claim to emerging climate allocations and take a closer look at corporate infra.
High inflation has led to a sea change in the investment environment. The big question now is how long will it last? And will infra really thrive in a high inflationary period?
Some 39% of all open-end fundraising took place in the last 18 months, with a record 20 funds launched by this half-year alone. We map out the market using data from bfinance.
Our changing times call for new narratives around the asset class – and new audiences to spread them to.
We are getting the first inklings of how infra might perform in a more hostile environment, with different schools of thought forming on the asset class’s future.
A lingering drought, high-profile pollution incidents and sky-high energy bills are set to stress test a highly privatised market.