For those familiar with institutional infrastructure investing, one of the ironies of the market is the United States — the world’s greatest developed market is often chided as being an emerging market for private infrastructure investment.

Interestingly, just before President Donald Trump made his way to Mar-a-Lago for his Christmas break, U.S. taxpayers got a gift when Republicans and the president passed their first major legislative initiative into law — sweeping reform of the tax code. And in an impromptu press conference inside the Oval Office, he discussed his next big priority for 2018 — infrastructure. “Infrastructure is by far the easiest. People want it — Republicans and Democrats. We’re going to have tremendous Democrat support on infrastructure as you know. I could’ve started with infrastructure — I actually wanted to save the easy one for the one down the road. So we’ll be having that done pretty quickly,” he told reporters.

While it