How hard will problems at 3i Group hit its 33% subsidiary 3i Infrastructure, asks Paul Jarvis
At the moment, private investment is largely limited to heavy infrastructure such as roads and ports. But lack of cash might force governments to accelerate the pace of social infrastructure development, which looks increasingly impossible without outside cash. Paul Jarvis reports
Banks have come running to Britain’s M25 motorway project after the government offered to fund it itself
The dearth of new funding threatens market development
Chicago has been forced to shelve plans to lease Midway Airport, but this reflects problems in the financial markets rather than with public private partnerships
London’s G20 summit failed to produce the promised infrastructure binge, and now there are grumbles that the various national investment plans aren’t leading to much new work either. By Michael Kapoor
In 1626, Dutch settlers supposedly exchanged Native Americans a pile of beads for a deed to Manhattan. 383 years later, Cezary Podkul sat down with Mitch Daniels, Governor of Indiana, to find out how the $3.8 billion lease of his state’s toll road compared with that original big deal
The current financial crisis will lead to permanent and deep change in infrastructure investment, says Challenger’s Andrew Jones
Principals from Carlyle, Macquarie, RREEF and Industry Funds Management gathered today cautioned that market will not develop across America’s ‘fifty little countries’ without strong leadership from the government in creating incentives for private investment in infrastructure.
John Herbert, a former managing director of Merrill Lynch’s European property and hotel group, has joined the Italian firm as senior advisor of its €300m fund of funds.