Private investment in infrastructure has had sustained growth, with a compound annual growth rate (CAGR) of 18 percent from 2018 to 2023, according to Boston Consulting Group's new report, Infrastructure Strategy 2024: Creating Value Through Operational Excellence.
Stable returns, low cyclicality, the ability to pass through cost inflation, a frequently regulated operational environment and high barriers to entry have guaranteed unlisted infrastructure a spot in state-of-the-art strategic asset allocations.
Despite the 2023 decline in dealmaking and fundraising, the outlook going forward is positive. As evidence of the forthcoming recovery in infrastructure fundraising, limited partners (L