Few infrastructure funds kept as busy in 2008 as Global Infrastructure Partners. Having invested only $150 million in 2007, Adebayo Ogunlesi, head of GIP, said during PEI's recent Infrastructure Investor forum in New York that his firm was on pace to deploy more than $1.7 billion of capital this year.
With $5.64 billion of committed capital, GIP is a prominent owner of London's City Airport and International Port Holdings among other energy, transport and water and waste assets spread across OECD-member states and emerging economies. It was formed in 2006 as a joint venture between Credit Suisse and GE Infrastructure.
Click below to hear excerpts of Ogunlesi interviewed by David Snow, executive editor of PEI Media. Snow begins by asking Ogunlesi if the recent rise in infrastructure investing signals a bubble.