Infrastructure

Investment approach

The strategy seeks to invest in a portfolio of compelling midmarket core and core-plus infrastructure assets. The strategy is designed to diversify across geographies, sub-sectors and types of projects. It seeks to generate stable and predictable cash flows over the long term by investing in assets that operate under regulatory frameworks, long-term contracted or concessions, or have monopolistic characteristics.

Key Characteristics

  • Long-lived assets are generally physical, durable and substantial real assets that operate over an extended period of time
  • Regulated or substantially contracted revenue stream
  • Limited demand and usage risk or well established usage pattern
  • Strong competitive positions with high barriers to entry
  • Strong margins and stable cash flow
  • Positive correlation with economic growth and inflation