The Pulse of Private Equity – 9/30/2019

Where will all the infrastructure money go?

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Almost three political centuries ago, expectations were high for a bi-partisan and highly funded infrastructure bill. While a lot has happened since January 2017, the promised infrastructure package was not one of them. Recall, though, the fervent efforts among PE investors to piggyback off of those plans. Blackstone made the most headlines with a push to raise $40 billion in a single infrastructure fund, announced in May 2017.