{"product_id":"infrastructure-investing-9780470537312","title":"Infrastructure Investing","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eInvaluable information regarding one of the biggest worldwide growth areas in investing-infrastructure assets\u003c\/p\u003e \u003cp\u003eInfrastructure investing is about to explode on the worldwide scene. The fact is that real money will need to be spent on real projects-which will present real opportunities for stable, long-term returns. But infrastructure assets have unique characteristics and the investments and funds that will likely rise up must be suitably structured to serve investor needs.\u003c\/p\u003e \u003cp\u003eAuthor Rajeev Sawant has been analyzing infrastructure investments, funds, and project financing programs for nearly five years, and with this book, he presents information that will be invaluable to lenders, pension funds, insurance companies, investment funds, rating agencies, and even governments.\u003c\/p\u003e \u003cul\u003e \u003cli\u003ePresents comprehensive data analysis on infrastructure cases worldwide\u003c\/li\u003e \u003cli\u003eAnalyzes the opportunities as well as the pitfalls of infrastructure investing\u003c\/li\u003e \u003cli\u003eFocuses on the needs of\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cp\u003ePreface xi\u003c\/p\u003e \u003cp\u003eAcknowledgments xvii\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 Infrastructure Demand and Investment Funds 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAn Overview of Infrastructure Demand 2\u003c\/p\u003e \u003cp\u003eAvailability of Funds 19\u003c\/p\u003e \u003cp\u003eConclusion 26\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Infrastructure Asset Characteristics 27\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDefining Asset Classes 28\u003c\/p\u003e \u003cp\u003ePortfolio Perspective on Asset Classification 29\u003c\/p\u003e \u003cp\u003eLarge Up-front Investments 32\u003c\/p\u003e \u003cp\u003eStrong Cash Flows 34\u003c\/p\u003e \u003cp\u003eStable Cash Flows 36\u003c\/p\u003e \u003cp\u003eLong Life 38\u003c\/p\u003e \u003cp\u003eIrreversible Investments 38\u003c\/p\u003e \u003cp\u003eLocation Specificity 39\u003c\/p\u003e \u003cp\u003eGrowth Options 39\u003c\/p\u003e \u003cp\u003eValue under Default 44\u003c\/p\u003e \u003cp\u003eConclusion 47\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Equity Infrastructure Indexes 49\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eInfrastructure Investment Options 49\u003c\/p\u003e \u003cp\u003eEquity Infrastructure Indexes 51\u003c\/p\u003e \u003cp\u003eMacquarie Global Infrastructure Index 54\u003c\/p\u003e \u003cp\u003eS\u0026amp;P Global Infrastructure Index 58\u003c\/p\u003e \u003cp\u003eCSFB Emerging Markets Infrastructure Index 59\u003c\/p\u003e \u003cp\u003eInfrastructure Equity Indexes Correlations 63\u003c\/p\u003e \u003cp\u003eEfficient Frontier 65\u003c\/p\u003e \u003cp\u003eConclusion 69\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 Debt versus Equity Mode of Investment 71\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTheories of Capital Structure 71\u003c\/p\u003e \u003cp\u003ePecking Order Theory 74\u003c\/p\u003e \u003cp\u003eFree Cash Flow Theory 76\u003c\/p\u003e \u003cp\u003eTrade-off Theory of Capital Structure 78\u003c\/p\u003e \u003cp\u003eGovernance and Capital Structure 81\u003c\/p\u003e \u003cp\u003eOptions Approach 82\u003c\/p\u003e \u003cp\u003ePrivate Equity Model of Investing 86\u003c\/p\u003e \u003cp\u003eConclusion 94\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Infrastructure and the Threat of Holdup 95\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTransaction Cost Economics 95\u003c\/p\u003e \u003cp\u003eSolutions for the Holdup Problem 102\u003c\/p\u003e \u003cp\u003eConclusion 113\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Infrastructure Assets and Political Risk 115\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePolitical Risk Typology 115\u003c\/p\u003e \u003cp\u003eSovereign Holdup 120\u003c\/p\u003e \u003cp\u003eTypes of Risk 124\u003c\/p\u003e \u003cp\u003eHedging Sovereign Holdup 130\u003c\/p\u003e \u003cp\u003eRisk Mitigation Strategies 134\u003c\/p\u003e \u003cp\u003eConclusion 142\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 Project Finance and Infrastructure 145\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eProject Finance Structure 146\u003c\/p\u003e \u003cp\u003eProject Finance versus Corporate Finance 147\u003c\/p\u003e \u003cp\u003eRas Laffan Revisited 156\u003c\/p\u003e \u003cp\u003eProject Risk Analysis 161\u003c\/p\u003e \u003cp\u003eCredit Rating Agencies 165\u003c\/p\u003e \u003cp\u003eUsing the Project Finance Structure 169\u003c\/p\u003e \u003cp\u003eRole of Government 172\u003c\/p\u003e \u003cp\u003eConclusion 175\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Infrastructure Asset Valuation and Bond Returns 177\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAn Overview of Infrastructure Valuation Theory 178\u003c\/p\u003e \u003cp\u003eBasel II and Infrastructure Lending 187\u003c\/p\u003e \u003cp\u003eInfrastructure Bond Returns 199\u003c\/p\u003e \u003cp\u003eConclusion 208\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Case Studies 211\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCase Study 1: Aguas Argentinas S.A. 211\u003c\/p\u003e \u003cp\u003eCase Study 2: Dabhol Power Company 223\u003c\/p\u003e \u003cp\u003eConclusion 230\u003c\/p\u003e \u003cp\u003eConclusion 233\u003c\/p\u003e \u003cp\u003eNotes 237\u003c\/p\u003e \u003cp\u003eAbout the Author 253\u003c\/p\u003e \u003cp\u003eIndex 255\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":49402359546199,"sku":"9780470537312","price":59.25,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780470537312.jpg?v=1730480166","url":"https:\/\/bookcurl.com\/products\/infrastructure-investing-9780470537312","provider":"Book Curl","version":"1.0","type":"link"}