Senior leaders from the ICPM network collaborate on a new paper:

Creating Conditions for Long-Term Infrastructure Investment: A Framework for Governments and Asset Owners by Mirko Cardinale (USS Investment Management – UK, lead author), Sebastien Betermier (ICPM and McGill University – Canada), Alison Loat (OPTrust – Canada), Ali Parker (TCorp – Australia), Onno Steenbeek (APG and Erasmus School of Economics – Netherlands)

Bridging a global infrastructure investment gap of nearly $15 trillion by 2040 requires governments to create stable macroeconomic, legal and regulatory environments that lower the cost of capital and foster long-term partnerships with institutional investors such as pension funds, whose patient capital and aligned interests can drive sustainable infrastructure development and deliver stable returns for beneficiaries while supporting societal progress. Read more here.

Stay tuned for more!

In the coming days, ICPM will publish a detailed guide offering a practical framework to align public goals with institutional investors’ realities. The guide, written by senior executives and academics from ICPM’s network of global pension funds, is designed to help governments and agencies (i) understand how institutional investors assess risk, control, and policy stability, (ii) design partnerships that align with investors’ fiduciary realities, and (iii) build a stable regulatory, legal, and institutional environment conducive to institutional investment.