Private participation in public infrastructure is expected to bring operational efficiency gains and diversified access to large pools of financial capital. However, due to the heterogeneous and politically salient nature of infrastructure, the financial performance of infrastructure is often...

Sovereign investors are often referred to as long-term investors. But it is still unclear that these investors pertain to the same category, as they vary on many dimensions. Previous research proposed typologies of sovereign investors based on external criteria such as region or size of assets...

OECD countries require billions in infrastructure investment for new projects and the rehabilitation of old assets. Public pensions are likewise underfunded and in need of stable, inflation-linked investment opportunities uncorrelated with the rest of their portfolio, making infrastructure a...

A growing number of institutional investors are unhappy with the exposures they have to long-term alternative asset classes, such as private equity, infrastructure and real estate. This frustration has little to do with the underlying assets. Rather, it relates to the sub-optimal access points...

By 2050, the world population is forecasted to reach 10 billion people, and consumption of natural resources is expected to increase four-fold above current rates. Radical resource innovation – across energy, agriculture, water, and waste – is required to prepare the world for this future....

Innovation and Energy are likely to be two of the most attractive investment themes in the coming years. The world is moving to an increasingly technical and digital age, and the search for renewable sources of energy intensifies as the detrimental impacts of climate change increase in frequency...

As public debt rises, governments struggle to fund and finance new infrastructure. The past two decades have seen an increase in privatization of infrastructure assets and public private partnerships. However, alignment of interests between governments and private owners can be challenging. In...

As elaborated in our paper — Social Capital and Building an Institutional Investor's Collaborative Network — a new “collaborative” model of investing lies at the heart of our re-intermediation thesis, and this model is premised upon institutional investors forming broad and deep...

In this paper we unpack the possibilities and constraints facing sovereign development funds. Our focus and logic is primarily conceptual and deductive rather than directly empirical and inductive. We consider how and in what ways sovereign wealth can be employed for the purpose of economic...

Sovereign investors are an emerging community of investment organizations, subject to the conflicting demands of international and domestic institutions. Existing research interprets them either as mirroring global financialization or preserving national interests. Both top-down global...