Risk, by its very nature, is hard to predict, and has not always been accurately reflected in the pricing and structuring of deals, says Alexander Waller, head of infrastructure debt at Whitehelm Capital.
The asset class is adding bulk, both in terms of the sectors it targets and the types of financing it can offer to borrowers, says Karen Azoulay, head of infrastructure debt at BNP Paribas Asset Management.
Asset managers that deployed through 2020 are in an enhanced negotiating position to optimise terms, says BRIDGE CIO, global head of infrastructure, real assets and structured finance and EdR UK CEO Jean-Francis Dusch.
The global pandemic has allowed infrastructure debt to prove its resilience credentials beyond all doubt, says head of infrastructure debt at Natixis Investment Managers, Céline Tercier.
The growing global focus on sustainability creates a unique opportunity for the asset class, say the co-head of Macquarie’s infrastructure debt business Kit Hamilton and its head of risk Sophia Alison.
With the pandemic still raging across the globe, three industry participants discuss how good corporate citizenship and community relations have never been more important.
Unparalleled demographic trends and a wide funding gap mean African infrastructure is a hugely underrated investment opportunity, says the firm's chief executive Paul Buckley.
Covid-19 has highlighted the critical nature of communications infrastructure and opportunities are flourishing, says director at Northleaf Capital Partners, Chris Rigobon.
Managers must take advantage of the momentum building in society to create teams that reflect the communities they invest in, says the firm's investment director Phoebe Smith.
Climate infrastructure has emerged as a new asset class. Keith Derman and Andrew Pike, partners and co-heads of Ares Infrastructure & Power, highlight its potential.