Private Equity Financing in Infrastructure and Real Estate

Private Equity Financing in Infrastructure and Real Estate PDF

Author: Josephine Gemson

Publisher: Springer Nature

Published: 2023-04-08

Total Pages: 227

ISBN-13: 9811616345

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This book provides a comprehensive overview of Private Equity (PE) financing in the infrastructure and real estate sectors. In doing so, it analyzes the impact of such investments in the two sectors, evaluates the types of financing strategies, and explores the value created by such investments. Infrastructure and Real Estate have emerged as a significant asset class for PE investors. In the last three decades, PE firms have invested significant amounts of capital in infrastructure and real estate – sectors which did not feature in their radar before 2000. Between 2000 and 2009, PE firms invested more than USD 200 billion in infrastructure. Real estate sector also witnessed investments of a similar scale as that of infrastructure. Fundraising for infrastructure and real estate was about USD 100 billion and USD 150 billion respectively in 2019, setting new records and reaching all-time highs. This book examines such PE investments – both at a global level and at an emerging economy level, to identify how PE firms have created an impact with their investments, to provide both ready capital and value-addition to sectors which seem to urgently need both. The book is divided into three sections – impact of PE investments, strategies used by PE firms, and value created by such investments. The findings of this research and the corresponding best practices are useful and applicable to students, academicians, researchers, financial institutions, policy makers and law makers, commercial banks and funding agencies, practitioners, the Government, and other parties who are directly or indirectly associated with the development of infrastructure and real estate; and could aid funding agencies, practitioners and policy makers who are directly responsible for creating and developing infrastructure and real estate for their economies.

Active Private Equity Real Estate Strategy

Active Private Equity Real Estate Strategy PDF

Author: David J. Lynn

Publisher: John Wiley and Sons

Published: 2009-07-30

Total Pages: 400

ISBN-13: 0470522070

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Proven private equity real estate investing strategies The subprime fallout and credit crisis have triggered a major transition in U.S. real estate. With tightening lending and underwriting standards, speculative investments and construction projects are likely to limited, resulting in constrained supply and healthier fundamentals over the long term. Looking forward, market participants anticipate that the coming years will be fraught with challenges as well as opportunities. Active Private Equity Real Estate Strategy is a collection of abridged market analyses, forecasts, and strategy papers from the ING Clarion Partners' Research & Investment Strategy (RIS) group. Divided into two comprehensive parts, this practical guide provides you with an informative overview of real estate markets, forecasts, and recent trends in part one, and presents specific active strategies in private equity real estate investing in part two. Includes a simulation of the economy in recession and the expected effects on the commercial real estate industry Offers examples of portfolio analysis and recommendations using ING Clarion's forecasts and Modern Portfolio Theory Focuses on multifamily, hotel, land, and industrial investments Demonstrates the use of the various tools available to the private equity real estate investor Written with both the individual and institutional real estate investor in mind, this book offers specific private equity strategies for investing in real estate during volatile times.

The Ultimate Beginners Guide to Private Equity Real Estate Investing

The Ultimate Beginners Guide to Private Equity Real Estate Investing PDF

Author: Jim Pellerin

Publisher: Jim Pellerin

Published: 2023-05-11

Total Pages: 138

ISBN-13:

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Most people who want to get started with Real Estate Investing, have no idea how to get sarted. Or worse, they have some idea how to get started but it is the wrong strategy for them. This book provides an overview of how to get started in Private Equity Real Estate Investing. This book is NOT a practical approach to Private Equity Real Estate Investing and the reader is NOT expected to be able to start a private equity firm/fund after completing this book. In this book, you will learn enough information to be able to decide if Private Eqituity real estate investing is right for you.

Asset Allocation and Private Markets

Asset Allocation and Private Markets PDF

Author: Cyril Demaria

Publisher: John Wiley & Sons

Published: 2021-04-19

Total Pages: 325

ISBN-13: 1119381002

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The comprehensive guide to private market asset allocation Asset Allocation and Private Markets provides institutional investors, such as pension funds, insurance groups and family offices, with a single-volume authoritative resource on including private markets in strategic asset allocation. Written by four academic and practitioner specialists, this book provides the background knowledge investors need, coupled with practical advice from experts in the field. The discussion focuses on private equity, private debt and private real assets, and their correlation with other asset classes to establish optimized investment portfolios. Armed with the grounded and critical perspectives provided in this book, investors can tailor their portfolio and effectively allocate assets to traditional and private markets in their best interest. In-depth discussion of return, risks, liquidity and other factors of asset allocation takes a more practical turn with guidance on allocation construction and capital deployment, the “endowment model,” and hedging — or lack thereof. Unique in the depth and breadth of information on this increasingly attractive asset class, this book is an invaluable resource for investors seeking new strategies. Discover alternative solutions to traditional asset allocation strategies Consider attractive returns of private markets Delve into private equity, private debt and private real assets Gain expert perspectives on correlation, risk, liquidity, and portfolio construction Private markets represent a substantial proportion of global wealth. Amidst disappointing returns from stocks and bonds, investors are increasingly looking to revitalise traditional asset allocation strategies by weighting private market structures more heavily in their portfolios. Pension fund and other long-term asset managers need deeper information than is typically provided in tangential reference in broader asset allocation literature; Asset Allocation and Private Markets fills the gap, with comprehensive information and practical guidance.

Private Real Estate Markets and Investments

Private Real Estate Markets and Investments PDF

Author: H. Kent Baker

Publisher: Oxford University Press

Published: 2014-08-07

Total Pages: 336

ISBN-13: 0199388776

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This book provides an overview of private real estate markets and investments. The 14 chapters are divided into three sections for conventional and alternative real estate investments and regulatory issues. Conventional investable real assets examined are retail spaces, apartments, offices, and industrial facilities owned by corporate entities. Alternative real estate assets are uniquely and extensively addressed. These include healthcare, both for facilities and the pricing to make it an investable asset; infrastructure contains roads, bridges, and public utilities; and resources are in land, agriculture, oil, and gas. The regulatory section includes appraisal and valuation, brokerage and transaction costs, sustainability, and green buildings. Readers should gain a greater appreciation of what is needed to be successful when investing in private real estate markets. The share of real estate in institutional portfolios has risen above a previous 5% target, as investors avoid the risks of low interest rates. The world's wealth is shifting to emerging markets where real estate is already a dominant asset class and public securities markets are limited. Institutions with long horizons avoid publicly traded markets because they want to capture any premium from illiquidity. Real estate involves local and cultural restrictions on land usage, sustainability and on the regulation of the illiquidity. For information about public real estate, read Public Real Estate Markets and Investments.

Infrastructure as Business

Infrastructure as Business PDF

Author: James McKellar

Publisher: Taylor & Francis

Published: 2023-09-05

Total Pages: 253

ISBN-13: 1000930521

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Infrastructure as Business brings new emphasis and clarity to the importance of private investment capital in large-scale infrastructure projects, introducing investors, policymakers, and other stakeholders to a key element that is surprisingly absent from the discourse on public-private partnerships. Despite the importance of modernizing infrastructure across the globe, governments often face challenges in securing the necessary capital to meet future need, as well as developing policy to meet these goals. Explaining the structure of the private investment universe and flow of private capital in such projects, this book ambitiously aims to bridge this "infrastructure gap" by elucidating shared terminology, conceptual frameworks, and an alignment of goals and objectives between public and private sectors—essential to meet increasing environmental, social, and governmental requirements for infrastructure in coming years. Appropriate for graduate-level courses in real estate, public policy, and urban planning that focus on infrastructure, project finance, and procurement and delivery models such as PPPs. Provides a clear understanding of private investment and PPPs to the investment community as well as professionals in real estate, project finance, and related fields, who often learn mostly on-the-job and from colleagues. Equips government officials and policymakers with key terms and concepts needed to "sit across the table" with private financers and explore opportunities for private capital investment in early project stages. Outlines communication strategies for both public and private sectors, which will increasingly need to collaborate to address climate change, respond to new technologies, and develop efficient ways to deliver services. Written to engage academic, private investment, and public policy/governance audiences alike, Infrastructure as Business: The Role of Private Investment Capital invites discussion and opens doors to advancing new business models, with international applications, to offer increased value for private investors as well as more efficient, flexible funding for innovative infrastructure development in the future.

Private Equity Unchained

Private Equity Unchained PDF

Author: T. Meyer

Publisher: Springer

Published: 2014-09-10

Total Pages: 442

ISBN-13: 1137286822

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There are significant returns to be made from private equity, infrastructure, real estate and other illiquid investments, but a competitive strategy is essential for investment success and for meeting objectives. This book takes readers through all the considerations of planning and implementing an investment strategy in illiquid investments.

The Infrastructure Finance Challenge

The Infrastructure Finance Challenge PDF

Author: Ingo Walter

Publisher: Open Book Publishers

Published: 2016-11-21

Total Pages: 134

ISBN-13: 1783742968

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Infrastructure and its effects on economic growth, social welfare, and sustainability receive a great deal of attention today. There is widespread agreement that infrastructure is a key dimension of global development and that its impact reaches deep into the broader economy with important and multifaceted implications for social progress. At the same time, infrastructure finance is among the most complex and challenging areas in the global financial architecture. Ingo Walter, Professor Emeritus of Finance, Corporate Governance and Ethics at the Stern School of Business, New York University, and his team of experts tackle the issue by focussing on key findings backed by serious theoretical and empirical research. The result is a set of viable guideposts for researchers, policy-makers, students and anybody interested in the varied challenges of the contemporary economy.

Global Capital Flows to Infrastructure Investments

Global Capital Flows to Infrastructure Investments PDF

Author: Joseph B. Oyedele

Publisher: Cuvillier Verlag

Published: 2014-02-17

Total Pages: 162

ISBN-13: 3736946384

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The demand pressure and the plethora of evidences observed in the form of increasing infrastructure financing gap, ageing infrastructure, environmental factors, such as climate change and rising quality standards are factors attracting institutional and private sector participation in infrastructure investment. Therefore, the search for innovative means of financing infrastructure has become incessant. Also, the features of the financial landscape, especially in a financial crisis has further underpinned the significance of looking beyond the present infrastructure need, to a more sustained infrastructure financing scheme anticipated from institutional investors. A well established capital market has therefore been identified as a viable option for long term and steady global capital flows to financing infrastructure projects; else, the burden will remain on governments to offer direct or indirect support to private investors in attracting financing for infrastructure development. This book therefore conceptually investigates the potentials of the capital market and institutional investors’ capital flows in bridging the global infrastructure funding gap. A fundamental conclusion from the book revealed that institutional investors particularly pension funds have the capacity to pool enormous resources into the infrastructure market, thus emphatically projecting them as a force to be reckoned with in the global infrastructure investments.

Investing in Real Estate Private Equity

Investing in Real Estate Private Equity PDF

Author: Sean Cook

Publisher:

Published: 2018-05-18

Total Pages: 150

ISBN-13: 9781980587026

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Investing in Real Estate Private Equity is your practical guide to investing in real estate through private offerings with established companies. The passive investment strategies for wealth building and income generation described in this book have traditionally been used by some of the world's most sophisticated institutional investors, but are now available to nearly everyone thanks to recent regulatory changes. This handbook will guide you through the process of building your own diversified real estate portfolio by identifying and making investments with established and experienced private real estate operators. This is NOT another get-rich-quick real estate fix & flip scheme. You will NOT be encouraged to sign up for conferences or clubs to learn a no-money-down investment strategy. This IS a practical guide meant to help you avoid common mistakes and navigate more skillfully through an often byzantine industry. You will learn:- What a private real estate investment is; the mechanics of syndicates, funds, and crowdfunding- Fundamentals of basic real estate evaluation- How to evaluate operators and investments- Fees, incentives, and other loads- Common terms and structures- Strategies to evaluate and manage risk- How to create and execute a personalized investment strategyMost people underestimate the time requirements, complexity, risk, and general brain damage involved with buying real estate directly. Thankfully, private real estate investments provide most of the same benefits as direct ownership, while taking advantage of established real estate companies' years of experience, market knowledge, industry reputation, negotiating leverage, and expertise. Even better, they allow investors to diversify their investment allocation across a range of real estate product types (multifamily, retail, office, self-storage, etc.) and throughout the capital stack (equity, debt, mezzanine, and preferred equity), all while working with specialists in each strategy.Written by an experienced practitioner with over $1 billion in transactional experience, this book challenges conventional wisdom and provides an inside look into how the industry actually works. Using the practical tips and strategies found here, you can build your own unique real estate portfolio, manage risk, avoid common mistakes, hopefully make money, and perhaps even have some fun along the way.