With infrastructure debt now experiencing a flood of liquidity, five industry experts tell Zak Bentley what sets funds apart, the relationship between institutional investors and banks and how to manage risk in a concentrated market.
With the threat of political intervention and restrictions on infrastructure investment looming, we talk to five industry professionals who remain confident about the prospects for dealflow and fundraising in Europe’s saturated mid-market.
In Europe and the US, the growth of renewables, buoyed by public opinion, has shifted the energy equation. Dean Kennedy, Deutsche Bank’s London-based Global Transaction Banking product manager, and Brent Canada, the bank’s New York-based head of infrastructure and energy debt origination, share their views from both sides of the pond.
Across the infrastructure sector, technological advances are changing the way managers approach their assets. Duncan Symonds, European director of asset management for IFM Investors, believes adjusting to this landscape is essential if you want to thrive and not only survive in the sector in the years to come.
Q: Europe has historically been a very bank-centric infrastructure debt market. How has that changed? MN: The European institutional debt market has evolved significantly over the past few years. While the US traditionally provided a deep, liquid debt market for European issuers, the emergence of a European institutional debt market for the sector is changing […]