President Donald Trump may be trumpeting great days at the White House, where there is supposedly no chaos (ahem). Regardless, his $1 trillion infrastructure plan is, by all accounts, stalled.
Notably, that hasn’t stopped private equity firms in their tracks. Blackstone Group LP is forging ahead with its whopping $40 billion infrastructure fund, KKR & Co. is preparing to raise $5 billion for its third (and biggest) global infrastructure fund, and all eyes are on the likely debut of Apollo Global Management’s efforts in this area.
Bloomberg Gadfly
by Gillian Tan
Aug 1, 2017 10:44 AM EDT