In this extract from the Preqin Quarterly Update: Infrastructure, Q3 2015, we take an in-depth look at investors in infrastructure, examining which regions are attracting capital, preferred routes to market and plans for future investments.
The majority of infrastructure investors will continue to target domestic opportunities in the next 12 months, but there are also sizeable proportions targeting global infrastructure exposure (Fig 1).
Despite the growing preference for direct investments among the largest and most experienced infrastructure investors, unlisted funds remain the primary route to market for the majority of investors, with 86% targeting fund commitments to gain infrastructure exposure (Fig 2).
The majority (60 per cent) of infrastructure investors are likely to invest less than USD100 million in unlisted vehicles in the next 12 months (Fig 3), however 88 per cent will invest through multiple funds, including 29 per cent of investors targeting four or more funds (Fig 4).
This article is an extract from the Preqin Quarterly Update: Infrastructure, Q3 2015, one of five quarterly editions that also cover private equity, hedge funds, real estate and private debt. Download all of the reports for free by visiting our website.