Pension Funds in Infrastructure Project Finance: Regulations and Instrument Design

This paper discusses infrastructure investment and the need for private financing, in turn with the trend of pension fund reform. This paper outlines the conditions under which sources and uses of long-term resources can meet and focusing the attention of both parties to the benefits of a properly structured relationship. There are benefits for both parties that can be exploited through a better mutual understanding of the needs of the other party. Private infrastructure investment instruments must be structured so that they fit into the investment strategies of private pension funds, while appropriate changes in the pension fund regulatory framework should be encouraged.