September 2012 – Institutional Investing in Infrastructure

“‘Investors have been unhappy with many third-party [infrastructure fund] managers, and for good reason,’ says Ron Lepin, president and CEO of Bastion Funds. ‘It makes sense that they want alternatives. But accessing the market through direct investments, whether they build in-house teams or somehow outsource that function, can be a lot tougher and more complicated than people realize. There are difficult challenges to overcome.’”

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