Infrastructure assets are defensive, recession-resistant and have demonstrated a significantly lower incidence of default and credit loss than the broader market.
Infrastructure credit offers a very unique combination of above-market yield and below-market credit risk, which is very difficult to find elsewhere in broader liquid credit markets.
Strong allocations in primary issuance.
Over $68 trillion infrastructure investment required through 2040.
Extremely low incidence of credit loss and default.
Complexity of sector results in attractive yields.
Credit rating agencies penalize infrastructure and energy companies with unjustifiably low credit ratings.