eFront Insight Biannual Infrastructure Report Q4 2023

This document is the eFront Insight Biannual Infrastructure Report for Q4 2023, which provides a comprehensive analysis of private infrastructure investments as a global asset class. It outlines the evolution of these investments and emphasizes the need for clear classification and performance assessment of individual infrastructure companies. The report draws on an extensive database of approximately 9,500 transactions across over 100 countries, reported by more than 800 funds. It presents detailed performance metrics, including investment-to-date and periodic performance, categorized by deal location, investment style, fund vintage year, and TICCS industry sectors. The report also examines geographic variations in deal performance, revealing that newer markets like APAC have outperformed established markets. Additionally, it discusses the relationship between investment style and performance, noting that core investments yielded higher multiples compared to opportunistic investments. The report serves as a critical resource for financial professionals and institutional investors.