Shelter from the storm

Market conditions worldwide are darkening, but the infrastructure asset class will likely be among the first to see the sun, writes Cezary Podkul.

With leverage drying up and deal flow all but disappearing, it isn’t surprising that many alternative investment GPs have traded in their LBO hats for special situations, turnaround and distressed hats.

For others, though, the refuge has come in the form of hard hats.

Cezary Podkul

As global infrastructure fundraising continues at a record pace, its resilience seems counter-intuitive.