Direct investment

BCI, HSBC Asset Management and Mark Weisdorf Associates talk about what it takes to build and run effective direct and co-investment programmes and how they are faring amid covid-19.

Infrastructure Partnerships Australia found just 49% of respondents saw ‘compelling’ investment opportunities in Australia, leading to a growing preference for unregulated and core-plus assets.

The $240bn pension aims to be the ‘partner of choice’ for managers, operating companies and its peers in direct structures. Deputy CIO Scott Chan explains how CalSTRS’ ‘collaborative model’ is the blueprint to achieve these goals.

One of the world’s most prominent direct investors is trying to prove it can do much more than back projects with capital by developing a C$6.3bn greenfield project in Montreal.

The Canadian pension’s head of infrastructure says there ‘is a great fit between growth supporting infrastructure and infrastructure supporting growth’ in the country.

We review the asset class’s first 10 years, as ESG and customer service both took centre stage, in the first article from our special 10th anniversary issue.

We review the asset class’s first 10 years as ESG and customer service take centre stage.

If for whatever reason you can’t go all in, then co-investment might be a better bet.

Going direct is well-suited to infrastructure. But anyone looking to do it will have to tackle tough questions around compensation and transparency.

You can save on fees, but these programmes certainly aren’t without cost. And if you’re not ready to go all in, it’s best to stick to funds and co-investing.