Written by Mark Heschmeyer

Billions of Dollars Are Being Committed to Transportation, Energy and Social Infrastructures..

Private equity funds that were heavy into commercial real estate investing and helped drive prices to global highs have found new channels in which to sink their money. One such channel gaining quite a bit of currency among well heeled investors is infrastructure.

And as the cost to maintain, upgrade and develop U.S. infrastructure continues to mount, government bodies increasingly are reaching out to these investors to attract funding.

Last week, Australian investment and specialized funds and asset manager Babcock & Brown raised an additional $230 million of committed capital focused primarily on infrastructure investment opportunities in North American markets. This increases Babcock & Brown's total amount raised for acquiring North American infrastructure to more $1 billion.

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Posted by dcjaya at December 5, 2007 10:44 AM