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« Infrastructure in Latin America | Main | States Vie for FutureGen -- Next-Generation Power Plant, Virtually Pollution Free »

June 16, 2006

Morgan Stanley lured by new fund stream

By Lina Saigol and Kate Burgess
Published: June 16 2006 22:09

Financial Times -- Morgan Stanley, the US investment bank, is set to join the rush into infrastructure projects with the launch of a new multi-million-pound fund as rival banks continue to snap up infrastructure assets across the globe.

The fund is being launched against a backdrop of several high-profile bids in the infrastructure sector, including DP World of Dubai's 3.9bn pound (7.2bn dollar, 5.7bn euro) acquisition of P&O, and Grupo Ferrovial's acquisition of BAA, the world's biggest...

Full Story...

Posted by rjorr at June 16, 2006 4:33 PM