Publications

- January 1, 2017: Vol. 10, Number 1

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Slow and steady wins the race: It is probably best to take 2017 one step at a time

by Drew Campbell

1 It’s tempting at the beginning of a new year to look out on the horizon and try to imagine how the next 12 months will unfold, and in more mundane times that exercise can seem easier than it really is. But 2017 looks to be anything but mundane; therefore, any forecast for infrastructure investing in 2017 should be taken with a few more grains of salt than normal. We started publishing i3 in 2008, just at the beginning of another chaotic period for the world and investment markets. Then like now, events had people not just on edge but scared. Over the past 12 months, I’ve heard similar sentiments at our i3 events and in speaking with people and their writing thoughts about the global infrastructure market. But I’ve also read and heard what was evident in 2008 — people are committed to working through events and staying focused on long-term objectives. In the infrastructure world, since the Global Financial Crisis, fundraising has rebounded and in

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