Infrastructure fund in Asia

Based on previous WSO threads, here are some insights on infrastructure funds in Asia:

• Booming Market: Asia has been experiencing significant growth in the infrastructure sector, with many firms rushing to establish offices, particularly in Hong Kong and Singapore.

• Key Locations: While Hong Kong and Singapore are primary hubs, some firms also cover the Middle East from their Asia offices or manage Asia operations from Australian offices.

• Active Regions: India is currently a hotspot for deals, and many Limited Partners (LPs) in the region are Asian, which further justifies the establishment of a local presence.

• Firms to Consider:

  • IFM Investors
  • Macquarie
  • GIC
  • Canadian Pension Funds (e.g., CPPIB, CDPQ)

• Staffing Trends: Many of these firms have US presences and often staff their Asian offices with personnel from their US or Canadian teams. While there is a push to hire local staff, many funds in Asia are still in early stages and are open to relocating talent.

• Networking and Industry Groups: Joining industry groups and networking within the sector can be beneficial. While specific groups for infrastructure might not be as prevalent as those for real estate (like ULI), connecting with professionals through platforms like LinkedIn or industry conferences can provide valuable opportunities.

If you are currently with an infrastructure IB team at GS/MS/JPM and looking to transition to buyside infra roles in Asia, these insights should help you navigate the landscape and identify potential opportunities.

Sources: Q&A - Infrastructure PE & IBD, Q&A - Infrastructure PE & IBD, Infrastructure Players, Overview of Infrastructure Private Equity, Macquarie MIRA PE or GS/JPM/MS?