The Evolving Infrastructure Market
For many, investing in the infrastructure sector evokes thoughts of rather vanillainvestments in toll roads, airports, and tunnels. While those investments remainattractive within the transportation sector, as an asset class, infrastructure hascontinuously adapted and today includes a growing opportunity set for investors.Infrastructure as an asset class has existed since the industrial revolution; it gainedsteam during the early 1990s as fi rst Australia, followed by the United Kingdom, andCanada, began to privatize state-owned telecommunications, utilities, andtransportation companies.
