The New York financiers orchestrating the Gatwick deal have put $65 million (39 million pounds) of their personal fortunes into the fund buying the airport and foresee more opportunities for big infrastructure purchases.

Adebayo Ogunlesi, chairman and managing partner of Global Infrastructure Partners (GIP), said that infrastructure prices typically had fallen by 40 per cent from the peak and that his fund still had $2.6 billion of buying firepower for further deals.

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Posted by claire at October 22, 2009 12:01 PM