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By Catherine Martougin, Partner, Baker McKenzie Luxembourg
There is no doubt that infrastructure is an asset class which has a bright future, not only in the renewable energy sector or for the development of transportation or telecom in emerging countries, but also in any single country where there are needs to be addressed, which can probably not be financed by public money anymore. This of course creates opportunities for asset managers and private investors and the Luxembourg fund industry does indeed offer many great opportunities for them.
While for a number of years, infrastructure funds were considered as a niche asset class, difficult to compare to real estate or private equity funds, the interest of institutional investors for long-term...
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