Infrastructure Funds: MacBank Imitation?
http://dealbook.blogs.nytimes.com/2008/01/04/carl…
With the success of the Macquarie model of infrastructure investments, could this be a sign that more of the big players in PE/BB banks may try to make a move towards imitating some of what they've done? It seems that with less liquid acquisition financing markets, a shift of investor interest to more predictable cash flow assets would make sense. Also, as the article mentions, there funds allow sov. wealth funds to get in on assets that they otherwise wouldn't be able to invest in(ports, etc.) -- assuming that the trillions of dollars currently buried in the sand over there doesn't all go towards bailing out wall street...