July / August 2015 Issue

Technology-smart alternatives pose a risk to the established position of market incumbents in many industries, including infrastructure. Mathias Burghardt of Ardian maintains that there are ways to turn threat into opportunity

Has the risk environment for infrastructure investors altered fundamentally? We brought together four experts from the investment, advisory, political and regulatory worlds to consider the evidence, in conversation with Andy Thomson

Backroom deals have helped get Brazil into its current economic mess, and many in the infrastructure community believe only openness and transparency can clean the slate. Chase Collum reports

Long the reserved purview of local players, Turkey finally seems to be opening up. Some investors are shrugging off political concerns to enter the market with a bang, writes Matthieu Favas.

The Future Fund has settled its fight with AustralianSuper over an A$875m deal to purchase Perth Airport. The institution saw the legal battle as a distraction.

The transition from EVCA to Invest Europe in part reflects the growing influence of infrastructure on the Brussels-based lobbying organisation. Andy Thomson reports.

Undeterred by the oil and commodity slumps, sovereigns are seeking tie-ups to carve the best deals for themselves.

CalPERS said in June it would be shedding half its external money managers and thereby sent ripples throughout the investment community, but some think the announcement is less than dramatic.

Toll road triumph for QIC

GIP eases traveller stress at Gatwick

How Meridiam's medicine worked at Fulcrum

What MIRA did when it jumped aboard Arlanda

In today’s competitive environment, active asset management is a must for those wanting to generate decent returns from infrastructure. Here, and in the pages that follow, we shine the spotlight on some of the best examples of the craft over the last year. Kalliope Gourntis reports

Views of emerging market PPPs differ sharply between those prepared to wrestle with the issues and those who see little point in doing so.

A large number of countries have joined the new multilateral, with only a couple of notable declines.

Not everyone was happy with a vote to proceed with electricity lease sales.

The country has impressive new power plants – and a great way of roasting marshmallows.

Traditional engineers of the world, look out. Your days may be numbered.

The UK water sector may be about to open up to a new wave of M&A activity. Elaine Gibson-Bolton and Hardip Singh Syan of King & Wood Mallesons explore the legislative changes responsible

To what extent will Islamic finance help to shape Asia’s infrastructure financing landscape in the coming decades? Anne-Sophie Briant investigates

Despite the possibility of overpaying and the challenge of refinancing risk, Australia remains arguably the world’s most attractive infrastructure market with the biggest opportunity set. Florence Chong met with leading players in Melbourne to get the inside track on developments

By sticking to its mid-market motto, InfraVia has evolved from being an offshoot of France’s OFI Group to an independent firm with pan-European ambit. Team leaders Vincent Levita and Bruno Candès tell Matthieu Favas why their patient game is starting to pay off