Description: Infrastructure investments are growing as an asset class in institutional portfolios because they present significant diversification benefits to investors, and importantly for pension plans, typically represent long-term projects. Infrastructure presents a unique opportunity for investors interested in long-duration products that help match liabilities. This session outlines the structure of infrastructure deals, how investments can be made through either equity or debt financing, the importance of ESG, and how to incorporate infrastructure in an institutional portfolio.

Description: 1998 SOA Spring Meeting, Maui. Panel discusses the some of the newer outlets that portfolio managers have been using for their investable cash. Topics discussed: 1. New risk classes. 2. Update on insurance and catastrophe risk bonds. 3. Capital-efficient structured notes. 4. Leveraged debt and equity plays. 5. Other risk/reward enhancement techniques.