Infrastructure Investment

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kalm
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Infrastructure Investment

Post by kalm »

This seems like a good idea, right?
Saudi Arabia joined the parade of investors into U.S. public works by pledging a record investment with Blackstone Group LP.

The country’s Public Investment Fund agreed to commit $20 billion to Blackstone’s (BX)   new infrastructure fund in the latest push around the world by large investors to buy up airports, pipelines and other public projects, particularly in the U.S...........

Saudi Arabia’s planned $20 billion investment alone would be about 25% larger than the biggest infrastructure fund ever raised, a $15.8 billion pool Global Infrastructure Partners completed earlier this year, according to data from industry tracker Preqin. Global Infrastructure Partners, or GIP, is also based in New York and its chief executive, Adebayo Ogunlesi—like Blackstone Chief Executive Stephen Schwarzman—is one of the business leaders President Donald Trump has named to a presidential advisory group.

http://www.marketwatch.com/story/saudi- ... nk=sfmw_tw
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Re: Infrastructure Investment

Post by Ivytalk »

Same old, same old. Schwarzman is part of the relatively rare breed of Wall Street crony capitalists who didn't support Hillary.
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Re: Infrastructure Investment

Post by Chizzang »

I don't understand Ivy...
I wasn't aware we could "sell our infrastructure"
What does this mean exactly


:geek:
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Re: Infrastructure Investment

Post by Ivytalk »

Chizzang wrote:I don't understand Ivy...
I wasn't aware we could "sell our infrastructure"
What does this mean exactly


:geek:
Limited partnerships, man. Limited partnerships. ;)
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Re: Infrastructure Investment

Post by Chizzang »

Ivytalk wrote:
Chizzang wrote:I don't understand Ivy...
I wasn't aware we could "sell our infrastructure"
What does this mean exactly


:geek:
Limited partnerships, man. Limited partnerships. ;)
I'm having a hard time understanding why we would want that..?
This seems odd to me

I get partnering with Royal Dutch Shell because they get access here and we get access there
I get partnering with mining resource giants like Glencore Xstrata

But selling our Infrastructure to the family that flew the jets into the twin towers..?
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Re: Infrastructure Investment

Post by CAA Flagship »

Chizzang wrote:
Ivytalk wrote: Limited partnerships, man. Limited partnerships. ;)
I'm having a hard time understanding why we would want that..?
This seems odd to me

I get partnering with Royal Dutch Shell because they get access here and we get access there
I get partnering with mining resource giants like Glencore Xstrata

But selling our Infrastructure to the family that flew the jets into the twin towers..?
You just answered it. If they own it, they won't fly jets into it. :nod: :kisswink:
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Re: Infrastructure Investment

Post by Ivytalk »

Chizzang wrote:
Ivytalk wrote: Limited partnerships, man. Limited partnerships. ;)
I'm having a hard time understanding why we would want that..?
This seems odd to me

I get partnering with Royal Dutch Shell because they get access here and we get access there
I get partnering with mining resource giants like Glencore Xstrata

But selling our Infrastructure to the family that flew the jets into the twin towers..?
I'd have to read the prospectus to see how "selling the infrastructure" works in practice. I do remember that there was a big uproar a few years ago about selling an airport to a Chinese group.
“I’m tired and done.” — 89Hen 3/27/22.
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