Infra investors association looks to Europe

A New Deal for Europe needs to be created to help the region’s economy increase private investment, the first meeting of the Long Term Infrastructure Investors Association has heard.

23 October 2014

Emmanuel Macron, French Minister of Economy, Industry and the Digital Sector, told the organisation: “Total investment, public and private, in the European Union is now 18% below its pre-crisis level. We need a European New Deal to boost growth and investment in Europe.”

The LTIIA was launched in August by some of the world’s largest investors, including Meridiam, Allianz Global Investors, Skandia Mutual Life Insurance Company, and the Development Bank of Japan.

It aims to increase the profile of and opportunities for long-term investors, through sharing best practice and establishing a benchmark for the infrastructure asset class for asset allocation, regulatory and risk management purposes.

Over the coming 90 days, the organisation will be creating new working groups on each of the key topics of interest to the association.