The Finance Of Infrastructure Symposium

BACKGROUND 

It is widely understood that there is an infrastructure "gap" between planned and desired infrastructure; but actual investment in infrastructure is rife with challenges. This one-day symposium will aim to understand and discuss the obstacles that exist to the financing of infrastructure, and to discuss policy conclusions given these obstacles.

The symposium will address some of the following queries.

1. Is infrastructure really an asset class that can satisfy the promise of delivering a desirable risk/return profile for pension funds and other investors?
2. Is it possible to organize infrastructure investments to place them on an optimized financial frontier for private Investors?
3. How can infrastructure projects and investment vehicles be structured to minimize the agency and governance problems?

A full synopsis of the event is available along with news coverage here.

AFTERNOON SESSION RSVP»

ORGANIZERS

Roman Kräussl, Hoover Institution
Joshua Rauh, Hoover Institution

May 17, 2019
Morning Session

Time	Content	Presenters/panelists
7:30 AM	Continental Breakfast	--
8:00 - 8:10 am	Opening Remarks	Roman Kräussl, University of Luxembourg
8:10 - 8:50 am	Infrastructure as an Asset Class: An Overview	Barbara Weber, B Capital Partners AG
8:50 - 9:30 Am	The Subsidy to Infrastructure as an Asset Class	Joshua Rauh, Stanford University
9:30 - 10:10 Am	Investing Outside the Box: Evidence from Alternative Vehicles in Private Capital	Josh Lerner, Harvard Business School
10:10 - 10:30 Am	Break	--
10:30 - 11:10 AM	Financing PPP Projects with PVR Contracts: Theory and Evidence from the UK and Chile	Eduardo Engel, University of Chile
11:10 - 11:50 aM	Do Public-Private Partnership Enabling Laws Increase Private Investment in Transportation Infrastructure	Richard Geddes, Cornell University
11:50 AM - 12:30 PM	Take the Q Train: Value Capture of Public Infrastructure Projects	Arpit Gupta, New York University
12:30 PM	Lunch	--

 

Afternoon Session

Time	Content	Presenters/panelists
1:45 - 2:45 PM	Policy Keynote: The Role of Internatioanl Financial Institutions in Supporting Infrastructure	Sir Danny Alexander, Asia Infrastructure Investment Bank
2:45 - 4:00 PM	Academic Keynote: Incentives, Infrastructure and Institutions: Building, Funding and Managing Public Works	Edward Glaeser, Harvard University
4:00 - 4:15 PM	Break	--
4:15 - 5:45 PM	Panel Discussion on The Finance of Infrastructure: Present and Future	Isela Bahena, Nuveen/TIAA Michael Bennon, Stanford Global Projects Center John Graves, Washington State Investment Board Adebayo Ogunlesi, Global Infrastructure Partners Roman Kräussl (Moderator), University of Luxembourg and Hoover Institution
5:45 - 6:00 PM	Closing Remarks	Joshua Rauh, Stanford University
6:00 - 7:00 PM	Reception