Infrastructure as Business

"Infrastructure is perhaps the fastest growing asset class, but it remains relatively immature and poorly understood. This book provides valuable insights into evolution of the asset class, the perspectives of the main stakeholders and the opportunities and challenges for the future.

Over the past 15 years, Infrastructure has emerged as an important asset class for institutional investors. Despite this, the asset class remains relatively immature with many aspects poorly understood. In this context this book provides valuable insights into infrastructure investing, from the perspectives of investors, governments and, most critical of all, the users and beneficiaries of the asset class"

Dr Peter Hobbs

Managing Director, Head of Private Markets

bfinance

"James' book is a valuable contribution to the growing literature on infrastructure businesses. Successfully utilizing private capital is an imperative for governments looking to build and maintain their evolving infrastructure needs and this book enriches our understanding of what the private sector seeks out when assessing infrastructure investments. Public stakeholders, students, industry professionals and anyone else keen for infrastructure will enjoy reading this book."

Aaron Vale, CFA, CAIA
Managing Director, Co-Head of Indirect Infrastructure

CBRE Investment Management

"Given the growing realisation that the quality of infrastructure is absolutely key to every country's aspirations, James McKellar's work is not only timely but also spot on: just as much as there is an 'infrastructure gap', there is a 'knowledge gap' between the public and private on how to successfully prepare, procure, fund, finance, operate and maintain the type of future-ready infrastructure people expect. McKellar's work makes great strides in helping to close that gap."

Matthew Jordan-Tank

Director, Sustainable Infrastructure Policy and Project Preparation, European Bank for Reconstruction and Development (EBRD)

"James' perspective on the flow of capital into infrastructure is both refreshing and needed. Understanding how to access private sector creativity and risk-taking is crucial to addressing the most vexing problems in infrastructure today. The challenge to the public sector is to find ways to harness the natural profit-seeking motivation of the private sector in the service of the public interest. The potential exists cross the globe and the returns to both the public and private sector can be immense and simultaneous."

Stephen C. Beatty

Global Chairman (Non-Exec), Infrastructure and Chairman, Global Cities Center of Excellence

KPMG in Canada