The U.K. government has published proposals to strengthen its powers to review, and potentially block or unwind, investments on national security grounds. The impacts for infrastructure assets and projects can be significant. What should investors and investment managers know about this process and how to manage it going forward? i3 senior editor Drew Campbell, asked Jenine Hulsmann, partner, Clifford Chance, about the firm’s recent report — U.K. reviews national security impact of foreign investment.

In the past three years, 77 private equity infrastructure investment funds have held a final closing, raising an aggregate total of $151.8 billion, according to IREI’s FundTracker database. These funds were sponsored by 64 different managers, with 13 managers closing more than one fund since Jan. 1, 2015.

We all might be forgiven for assuming that infrastructure is off the radar in Washington. In fact, members of Congress, the White House and federal agencies are hard at work right now on the infrastructure front. More than 50 pieces of legislation advancing infrastructure programs, including public-private partnerships, have been introduced into Congress. Many of these bills are bipartisan. The White House will soon issue a document to guide Congress.