America’s infrastructure underpins every aspect of economic and social life, from the roads that connect goods and markets, to the energy, water and digital systems that households and businesses rely on every day. But despite this, much of the nation’s infrastructure is aging and overstretched. Public funding alone cannot meet the scale of renewal required. As pressures on government balance sheets intensify, we believe mobilizing long-term private capital — particularly pension capital — has become urgent.
For institutional investors who invest for the long term, renewing U.S. infrastructure presents a capital allocation question of growing relevance as they seek to diversify portfolios in the face of geopolitical uncertainty. Drawing on nearly 30 years of experience investing in and managing infrastructure assets on behalf of long‑term institutional investors, IFM’s perspective reflects lessons learned across multiple market cycles and regulatory environments g
