As limited partners (LPs) look to increase their exposure to infrastructure it is perhaps unsurprising that some of them have started calling for the establishment of an LP platform that will allow its members to exchange views on the nascent asset class.
Christoph Schumacher, head of indirect investments at Generali Deutschland Immobilien, the insurance group’s asset manager, proposed the creation of such a forum at Infrastructure Investor: Europe 2010. “The idea is to create a platform of LPs for infrastructure similar to what already exists in real estate,” Schumacher told a panel of delegates on the afternoon of day one.
INREV, a forum for LPs investing in real estate, says its “aim is to improve the accessibility of non-listed real estate funds by promoting greater transparency, accessibility, professionalism and standards of best practice”. Considering that a great part of the debate at this year’s conference focused precisely on many of these issues, Schumacher’s proposal is likely to garner support from infrastructure’s LP community.
In addition to offering a forum for LPs to exchange their views on the industry, INREV also offers its 315 members a number of other services, including access to several industry databases, research documents and training programmes.