MONDAY MAY 12
Structured? Forget It. Infrastruture? That’s More Like It.

Morgan Stanley just closed on a $4 billion new infrastructure fund, handily topping its original target of $2.5 billion and proving, once again, that plenty of people have the cash to cough up if the investment is right (as in light on the “structure,” heavy on the “infra”). A detailed piece out today on just how this fund plans to thrust itself into the already packed field of betting on roads, airports and public-works projects on a global scale.

May 2008

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