The infrastructure growth engine: Creating tomorrow’s core infrastructure today
Key takeaways
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We believe well-understood themes of deglobalisation, decarbonisation and digitilisation are driving the rapid growth of investible mid-market infrastructure businesses
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While these major trends are impacting the infrastructure asset class as a whole, they are particularly pronounced in the mid-market, where businesses generally tend to be earlier stage and therefore may have more opportunity to scale and bring efficiencies
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We believe this landscape creates compelling opportunities for sophisticated global infrastructure investors to generate alpha by sourcing proprietary investments, driving growth, minimising risk during growth through active ownership, and ultimately exiting to lower cost capital
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IFM has a long track record of utilising its established infrastructure ecosystem to grow, de-risk and optimise businesses: strategies which are critical to the mid-market value add infrastructure opportunity set
Unlocking compelling mid-market infrastructure opportunities
Mega trends such as digitalisation, legacy infrastructure upgrades, energy transition, and outsourcing that are underpinning core infrastructure investment are also prevalent in the mid-market. These trends have created opportunities for mid-market businesses to scale and investment opportunities to support that.
Meet the authors
Kittredge Zuk
Kittredge is responsible for supporting the development and execution of IFM Investors’ asset management strategy and implementing value creation opportunities across our portfolio.
Jim Wierstra
Jim is responsible for advancing IFM’s investment operations in North America, including sourcing investment opportunities, executing transactions and managing assets. Prior to joining IFM Investors, Jim was a Managing Director at Macquarie Capital. He has extensive investment banking, equity investment and asset management experience in the infrastructure, power, utilities, PPP and real estate sectors.
Josh Crane
Josh is responsible for the evaluation, implementation and management of infrastructure investments, primarily in Australia.
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