Best Practice in Infrastructure Asset Management : Creating and maintaining value for all stakeholders.

✍ Scribed by Altmann, Jeffery

• Publisher: PEI Media Ltd
• Year: 2010
• Tongue: English
• Leaves: 610
• Category: Library

✦ Synopsis

Creating and maintaining value for all stakeholders Understanding what constitutes best practice in managing infrastructure assets is at the forefront of today's infrastructure investments around the world. The success or failure of an investment in infrastructure often relies on an investor's ability to manage the dynamics between owners, operators and regulators. It is now widely acknowledged that one of the value propositions to the infrastructure asset class includes creating value through operational performance and stakeholder management rather than just relying on highly.  Read more...

✦ Table of Contents

Cover
Title
Copyright
Contents
Figures and tables
Introduction
By Jeffrey Altmann, First State Investments
Section 1
In-depth chapters: Professional approaches
1. The role of the asset manager
By Jeffrey Altmann, First State Investments
Introduction
Defining the role of the asset manager
Risks, opportunities and required skill-sets
Assessing a GP's asset management capabilities
Conclusion
2. The dynamic between owners, operators and regulators of infrastructure
By Jeffrey Altmann, First State Investments
Interests of stakeholders. Key stakeholders' concerns at various acquisition stagesThe role of the asset manager
3. Value creation through effective change
By Peter Jumpertz, THERON Management Advisors
Disruptive change
The philosophy of change management
Legacy --
cultural complexities of regulated assets
Transformation --
from bureaucracy to business
Innovation --
from business-as-usual to best practice
Conclusion
4. What limited partners demand from their infrastructure fund managers
By Christoph Schumacher and Tobias Pfeffer, Generali Deutschland Immobilien GmbH
Introduction. Typical alignment of interest issuesAlignment of interest in infrastructure investments
Lessons learned from a German insurance company investor
How to conduct price regulation
Taking the indirect route
Conclusion
5. A limited partner's expectations of a general partner
By John Ritter, Teacher Retirement System of Texas
6. Infrastructure fund of funds: Definition and benefits
By Richard Clarke-Jervoise, Quartilium
Introduction
What are the benefits of investing in infrastructure via a fund of funds?
What types of funds of funds are available? Are there disadvantages of using a fund of fund?How does a fund of funds manager select an infrastructure fund manager?
Tools used in selecting a fund of funds infrastructure manager
The interaction between fund of funds managers and infrastructure fund managers . .
The role of asset management as it relates to a fund of funds
7. The role of the private infrastructure fund of funds manager
By Joyce Shapiro, Franklin Templeton Real Estate Advisors
Introduction
Role of the multi-manager
Investor benefits
Evolving marketplace
Sector challenges
Portfolio development. Strategies and sources of returnGeographic considerations
Selecting managers
Monitoring managers
Conclusion
8. The role of the insurer in infrastructure
By Martin Bennett, Marsh
Introduction
Fundamentals of insurance
Criteria for selecting an insurance adviser
Pre-acquisition insurance services
Due diligence: the role of the insurance adviser
Public sector
Purchasing cover
Key insurance cover --
construction phase
Key insurance cover --
operational phase
Managing force majeure risks
Directors' and officers' liability (D & O)
Secondary acquisition of entire target business.