Institutional Real Estate, Inc. (IREI), publishers of Institutional Investing in Infrastructure (I3), and its partners and consultants — Macquarie Capital, SteelRiver Infrastructure Partners, B-Capital Partners, Campbell-Lutyens and Kingsley Associates — are pleased to report preliminary results of the inaugural I3 Investors Survey, a survey of 74 global investors and consultants active in or investigating infrastructure investment.

The following report is an overview, and a separate in-depth summary report will be available in November. In our summary, we covered such topics as investor interest in infrastructure, capital flows and target allocations, reasons for investing, risk and return, preferred durations and investment structures, and preferred sectors and geographies.

Each firm that helped us, with the exception of Kingsley Associates, distributed and solicited survey responses from a global universe of investors and consultants. IREI collected and