Bird & Bird France publishes the 4th edition of its Infrastructure Barometer on infra fund activity in 2023
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The Energy & Infrastructure Group of Bird & Bird France unveils the fourth edition of its barometer on the activity of infrastructure funds in 2023.
This long-term study, unique in the French market, aims to provide a snapshot of the activity carried out by dedicated financial investors in the infrastructure sector over the past year. It is based on data collected through a survey conducted in partnership with CFNEWS INFRA and interviews with infrastructure fund managers managing between 50 million and over 1 billion euros in assets. It also uses figures published by France Invest in its annual study on the activity of French private equity and infrastructure funds, conducted in partnership with Grant Thornton, as well as data from the study sponsored by UBS Asset Management.
Boris Martor, partner and head of Bird & Bird France Energy & Infrastructure Group comments: "The year 2023 demonstrated the resilience and adaptability of the French private equity market in the infrastructure sector despite economic challenges. The outlook for 2024 looks promising with expectations of stabilisation and continued growth in various strategic sectors. The return of "animal spirits" and the improvement of macroeconomic conditions should favour a significant recovery in fundraising and investments. To conclude, despite the environment being identified uncertain by 56% of the investment funds surveyed by Bird & Bird, over 43% of them expect their business to grow in 2024."
To access the report, click here.
Boris Martor, partner and head of Bird & Bird France Energy & Infrastructure Group comments: "The year 2023 demonstrated the resilience and adaptability of the French private equity market in the infrastructure sector despite economic challenges. The outlook for 2024 looks promising with expectations of stabilisation and continued growth in various strategic sectors. The return of "animal spirits" and the improvement of macroeconomic conditions should favour a significant recovery in fundraising and investments. To conclude, despite the environment being identified uncertain by 56% of the investment funds surveyed by Bird & Bird, over 43% of them expect their business to grow in 2024."
To access the report, click here.
