Clarifying and pricing the different types of risk when investing in infrastructure – Newcore Capital

Infrastructure per se is not an investment class – but rather the critical societal functionality to which it is possible to gain investment exposure in different ways.

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... In the capital raising round for Newcore Capital's latest UK social infrastructure real estate fund, which closed in May 2023, several investors asked them the question: "Is Newcore infrastructure or real estate?" as they considered from which bucket of their own capital allocation to analyse Newcore Capital's proposition. The following article explains how they answered this question and sheds light on the different risk/return attributes of areas of infrastructure investing, which are often overlooked or misunderstood.

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