Blog
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Bridging the Gap Together: A New Model to Modernize U.S. Infrastructure
A great report from the BPC on the need for private investment in public infrastructure that includes a discussion on the use of crowdfunding. Here are the highlights: “An emerging discussion among infrastructure practitioners is the potential of crowdfunding to help pay for projects. Crowdfunding, in which individuals throughout the world can contribute to projects…
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New Cities Foundation Handbook on Urban Infrastructure Finance Discusses InfraShares and the Benefits of Crowdfunded Investment for P3s
The recently published New Cities Foundation Handbook on Urban Infrastructure discusses the benefits of crowdfunding private investment for public infrastructure projects and the role of the crowdfunding platform: “There are several other advantages associated with using crowdfunded P3 equity. Because the crowdfunding is provided by investors with social as well as financial motivations, they may…
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Crowdfunding: More Than Just Another Innovative Financing Strategy
A great article by Stanford’s Kate Gasparro addressing the opportunities and challenges of crowdfinancing for public infrastructure projects. Read More
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The benefits of investing in infrastructure
The benefits of investing in infrastructure In volatile and challenging market conditions, the long duration of infrastructure investments – typically 20 to 50 years, and potentially even longer – can offer greater stability in an uncertain world Portfolio allocations to infrastructure are increasing, with investors enticed by the asset class’ elongated investment horizon. The…
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Financial Benefits of Using Crowd-financing for a P3
In addition to the social and political benefits of using crowd-financing for a P3, using crowd-financing to raise preferred equity as a portion of the capital stack allows the equity sponsors of a P3 to increase their Return on Equity (ROE) by reducing their common equity contribution. Assuming an interest rate on senior debt of…
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There are several options when crowdfunding investment for infrastructure projects
There has been a lot of hype around the new Title III crowdfunding regulations, but there are several other crowdfunding mechanisms under the JOBS Act already in place that may be better suited for infrastructure projects. Here is a review of the other investment crowdfunding regulations enabled by the JOBS Act and how they fit…
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Medium-term crowd-financing for accelerating infrastructure projects
Recent changes to securities law (2012 JOBS Act) allows for general solicitation of securities to investors (with certain limitations) through online platforms that offer investment opportunities to individual investors. Public agencies can now partner with a crowd-financing platform (CFP) to solicit medium-term loans from local and state investors who seek safe medium-term investment opportunities as…
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Crowd-financing for P3s – How does it work?
Following up on a paper written by Morteza Farajian with the VDOT P3 office, he and I co-authored a paper that introduces an implication framework for the P3 crowd-financing model. This paper highlights similarities between crowd-financing models being implemented in the real estate industry and applications to P3s, and then describes the current regulatory framework…
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Investors Finally Tap Into the US Water Market
Institutional investors are realizing the massive investmetn opportuntieis in U.S. water infrastructure; you should too. InfraShares helps you invest in opportunities previously only available to large institutional investors. Investing in water infrastrucutre provides exposure to assets that are uncorrelated with the stock market, inflation hedged, and provide an essential service with long-term stable returns 1-2%…
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Making the most of a wealth of infrastructure finance
Another great article from McKinsey on ways for public agencies and private investors to help facilitate private investment in public infrastructure. “It’s common today to hear that too much capital is chasing too few infrastructure assets. But the problem is not a lack of worthy projects; it’s a lack of expertise and, perhaps, daring. Investment…
