Secular tailwinds are creating opportunities in infrastructure debt
Summary
The investing landscape across all asset classes is likely to remain challenging over the next 12 months, given high inflation, rising interest rates and the possibility of a global recession. However, we believe infrastructure debt’s typical
resilience to cyclical slowdowns will be a key theme over the year, along with two secular tailwinds continuing to drive transaction activity in the market – the strength of government infrastructure investment and the enormity of the
investment required to fund the energy transition to decarbonise the global economy.
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About the author
Head of EMEA and Australian Infrastructure Debt
David Cooper
Joined in 2012
David is head of IFM Investors’ infrastructure debt business in EMEA and Australia. He and his team are charged with sourcing infrastructure debt deals and conducting credit analysis of prospective investments, as well as management and marketing IFM Investors' capability in this speciality. David has more than 20 years’ experience in banking focused on project finance, infrastructure debt and structured credit. He joined IFM Investors from Barclays UK, where he was Head of Infrastructure and Structured Project Finance within their Corporate Bank. David began his banking career with RBS in the early 1990s, focusing on structured and public sector finance globally, before moving to HBOS in 2000. There, he worked in the origination team of the HBOS Infrastructure Finance unit where he had responsibility for sourcing and executing senior debt, mezzanine and equity in the social infrastructure, transportation and energy sectors, before moving to Barclays in 2004.
About the author
Debt Product Specialist
Jacob Otto
Joined in 2021
Jake is a debt product specialist at IFM Investors. Jake provides specialised support for debt client and prospective client relationships and product development across EMEA. During his 15 years in the investment management industry, Jake has been focused on public and private fixed income markets including infrastructure, government, credit, and currency working with clients across the globe. Prior to joining IFM, Jake worked at Wellington Management and Income Research + Management.