New Access to Emerging Infrastructure
Cordiant inks deal to manage emerging market infrastructure fund.
BY Caroline Cakebread | February 4, 2010
Emerging Markets and Infrastructure are two areas that have plan sponsors excited these days – the problem is access and scale. Cordiant Capital Inc. and the World Bank Group could have the answer. In December Cordiant signed an agreement to manage the newly created Infrastructure Crisis Facility Debt Pool launched by the World Bank Group in October. Infrastructure and emerging markets can be really challenging to access for many plan sponsors. But given that emerging markets will need about US$21 trillion over the next 10 years to build important infrastructure, the new fund could be a much-needed access point. Read more about Cordiant’s new role here: