Large Pension Funds Are Internalizing Direct Infrastructure Investments for Yield
Ross Israel · Ross Israel - Stable, Predictable Cash Flows (EP.53) · May 21, 2018 · at 45:21
Ross Israel, Head of Global Infrastructure at QIC, describes how competition in the infrastructure asset class has evolved as institutional LPs internalize direct investment capabilities.
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“Well, we've seen a, like a large number of very big pension funds go direct. There's an internalization that is occurring. They are attracted to the duration of the assets, the cash, yields that come off that, particularly in this point in the cycle where yield has been sort of hard to find, and so they have become increasingly prevalent.”
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