Institutional Investing in Infrastructure

May 1, 2013: Vol. 6 Number 5

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From the Current Issue

Infrastructure

Short on Benchmarks, Long on Expectations: Despite Lack of a Performance Standard, Infrastructure Offers a Unique Role in Portfolios

 

For investors looking to get their feet wet in the infrastructure pond, the lack of a clear benchmark to measure asset performance has been a stumbling block. Nonetheless, those who have taken the plunge into the infrastructure pool tend to depend on their own expectations — or those of other investors who have gone before them — to gauge their success. 

Infrastructure

P3s in Maryland: New P3 Legislation Passed in Maryland Serves as Example for Other Jurisdictions

 

Legislation encouraging the use of public-private partnerships (P3s) to address Maryland’s growing infrastructure needs has been passed by the General Assembly and signed into law by Gov. Martin O’Malley with bipartisan support. The 2013 P3 law, based on legislation introduced by the O’Malley-Brown administration on Jan. 30, 2013, followed momentum from similar legislation that was nearly enacted last year. The 2013 P3 law takes effect on July 1, 2013.

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