Clarifying and pricing the different types of risks when investing in infrastructure

In the capital raising round for our latest UK social infrastructure real estate fund, which closed in May 2023, several investors asked us the question: “Is Newcore infrastructure or real estate”? as they considered from which bucket of their own capital allocation to analyse our proposition.

The following piece explains how we answered it and might be helpful to others considering the same question and to shed light on the different risk / return attributes of areas of infrastructure investing, which are often overlooked or misunderstood.

Download the article here.