Of classic cars, fine wines and vintage infrastructure funds
| Aug 9th, 2010 | Filed under: Private Equity, Today's Post | By: AAA Staff |
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Unless one is an aficionado of classic cars and fine wines, the term vintage doesn’t often resonate, particularly when it comes to alternative investments. On the contrary, “vintage” conjures up images of old, stale and beyond prime – and not in a good, higher-basis-point-return kind of way.
Yet a recent report by Preqin entitled “Is Infrastructure Living up to Expectations?” (click here to download) nicely illustrates how “vintage” can work in investors’ favor, in particular when it comes to funds that invest in roads, bridges, tunnels and other good building-block stuff.
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