Financial Times European Infrastructure – Interview with LinkLaters

Filling the funding gap

Europe makes a significant contribution to the global infrastructure asset class, thanks to the high availability of investable assets and a stable regulatory and political environment. The infrastructure gap has broadened since the financial crisis. The causes are two fold: budgetary constraints have reduced the scope for public investment and Basel II has led to higher capital demands, resulting in commercial banks reducing their infrastructure lending.

Institutional investors, such as sovereign wealth funds, life insurance companies and pension funds are looking to capitalise on potentially high yields as they play a more active role in bridging the infrastructure gap.

FT European Infrastructure Summit: Filling the funding gap will bring together leading infrastructure developers, institutional investors, financiers, lenders, policy advisers, government and European Union officials to discuss the European project pipeline and help institutional investors navigate the best investments for their portfolios as well as cost-effective fund management strategies.

This event will examine progress on the European Commission’s 315bn euro Juncker Plan; asset performance and major European infrastructure deals; deal flow and value; and how European-focused managers can stand out from the crowd when seeking capital. It will consider routes to market – direct, indirect or co-investments; fund managers and fees; Public Private Partnerships; infrastructure debt; project bonds; and credit enhancement. It will also examine who is financing these investments, and put investors’ needs under the spotlight and consider their appetite for investment in this asset class. Other issues on the agenda include risk v return and investors’ appetite for construction risk.

Join us this November to find out the spotlight on EU stability, examine EIOPA and draw on the Europe 2020 Project Bond initiative.