Secondary Market Infrastructure Deal Window May Close in 2024 — Interview ...Middle East

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By Alice Uribe SYDNEY–The window for acquiring second-hand stakes in infrastructure at attractive prices is open, but it may close during 2024 as more capital flows into the market, according to private markets investment firm Stafford Capital Partners. Fewer than 10% of institutional investors use the secondary market to do infrastructure deals, but that is likely to change as global funds seek to allocate more money to an asset class with a reputation for providing stable cash flow, said Brett Himbury, chairman of London-based Stafford Capital, in an interview. Secondary markets are where investors look to sell part of their stake in an asset, such as an airport or office tower, that t

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