Institutional investors, investment managers, consultants and service providers met in Toronto for VIP Infrastructure (formerly i3) in June to take stock of the market for global infrastructure investment. The attendees were primarily institutional investors such as pensions, insurance companies and sovereign wealth funds (60), investment managers (66) and consultants (21). The key takeaway from the group was — disruption. Technology disruption, political disruption, economic disruption such as tariffs, rising interest rates and inflation, as well as disruption from rising valuations for infrastructure investments driven by a growing volume of investment capital targeting these assets globally.

If you’re an investor in this market, it may be comforting to think that the business of investing is always in some state of disruption because new companies, innovations and generations are always on the horizon. But believing change is always present, and therefore easily manage