Infrastructure as an Asset Class: Investment Strategy, Sustainability, Project Finance and PPP (The Wiley Finance Series) - Hardcover

Staub-Bisang, Mirjam; Alfen, Hans Wilhelm; Weber, Barbara

Hardcover

ISBN 10: 1119226546 ISBN 13: 9781119226543

Publisher: Wiley, 2016

Synopsis

Clear, comprehensive guidance toward the global infrastructure investment market Infrastructure As An Asset Class is the leading infrastructure investment guide, with comprehensive coverage and in-depth expert insight. This new second edition has been fully updated to reflect the current state of the global infrastructure market, its sector and capital requirements, and provides a valuable overview of the knowledge base required to enter the market securely. Step-by-step guidance walks you through individual infrastructure assets, emphasizing project financing structures, risk analysis, instruments to help you understand the mechanics of this complex, but potentially rewarding, market. New chapters explore energy, renewable energy, transmission and sustainability, providing a close analysis of these increasingly lucrative areas. The risk profile of an asset varies depending on stage, sector and country, but the individual structure is most important in determining the risk/return profile. This book provides clear, detailed explanations and invaluable insight from a leading practitioner to give you a solid understanding of the global infrastructure market. * Get up to date on the current global infrastructure market * Investigate individual infrastructure assets step-by-step * Examine illustrative real-world case studies * Understand the factors that determine risk/return profiles Infrastructure continues to be an area of global investment growth, both in the developed world and in emerging markets. Conditions continually change, markets shift and new considerations arise; only the most current reference can supply the right information practitioners need to be successful. Infrastructure As An Asset Class provides clear reference based on the current global infrastructure markets, with in-depth analysis and expert guidance toward effective infrastructure investment.

About this title

From the Back Cover:

Praise for Infrastructure as an Asset Class

'Infrastructure is a key prerequisite for economic development and the backbone of any society. Sustainable infrastructure protects our world's vital natural environment and promotes a more effective and efficient use of financial resources. This second edition of Infrastructure as an Asset Class integrates important sustainability aspects in infrastructure investing, making it an indispensable resource for long-term infrastructure investors and policy makers alike.'
--Klaus Schwab, Chairman, World Economic Forum

'This updated book has come at a crucial point for institutional investment in infrastructure. Pension funds are maturing in a low-return environment and need both the capital growth and cash flows which infrastructure investments can offer. The breadth and depth of practical experience shared by the authors will be invaluable to those assessing the risks and rewards of investing in this asset type.'
--Sally Bridgeland, Chair, Local Pensions Partnership Investments Ltd

'A larger and even more elaborate piece of new and valuable information on Infrastructure and a well-written must-read for market participants of all kind.'
--Ron Boots, Head of Infrastructure Europe, APG

'Dr. Weber and her co-authors have produced an excellent update to their important 2010 work on infrastructure investing. This edition succinctly captures the developments of this fast-growing market in light of the close-to-zero interest rates and strained government budgets. The book not only guides and inspires practitioners, but should also be mandatory reading for pension fund board members and trustees, so as to gain valuable information about the opportunities and risks in this asset class.'
--Torben Möger Pedersen, CEO, Pension Danmark

'Infrastructure is key to robust and sustainable economic growth and also represents a significant opportunity for investors. Dr. Weber and her co-authors deliver an authoritative guide to this multi-faceted market, as the asset class not only represents an opportunity to diversify a portfolio, but also the chance to benefit from global trends fueled by renewed government interest. The second edition's greater emphasis on sustainable infrastructure is particularly welcome and of course very topical.'
--Chris Knowles, Head of Climate Finance, European Investment Bank

'The authors have a wonderful understanding of the infrastructure asset class and all its nuances. This new edition captures the essence of how both investors and the opportunities they are pursuing have evolved over the last six years as infrastructure has become an increasingly core long-term asset class.'
--Mike Weston, Chief Executive, Pensions Infrastructure Platform

'The authors strike a very good balance between a high-level description of the asset class and a comprehensive in-depth coverage of the various (sub)-sectors in the infrastructure investment universe. This book is written by experienced industry practitioners, evidenced by many real-world examples and case studies and addresses increasingly important ESG topics. It is a must-read for investment professionals, risk managers and pension fund trustees.'
--Christoph Manser, Head of Infrastructure Investments, Swiss Life Asset Managers

About the Author:

BARBARA WEBER is founding partner of B Capital Partners AG in Zurich, an investment advisory firm focused on institutional private equity portfolios and specialising in infrastructure and clean energy. MIRJAM STAUB-BISANG is CEO of Independent Capital Group AG in Zurich, an asset management and real estate investment company focused on sustainable investing across asset classes. HANS WILHELM ALFEN is chair of construction economics at the Bauhaus-Universitat Weimar in Germany and general manager and founder of Alfen Consult GmbH, Weimar.

About this edition

• Publisher: Wiley
• Publication date: 2016
• ISBN 10: 1119226546
• ISBN 13: 9781119226543
• Binding: Hardcover
• Edition number: 2
• Number of pages: 432