Measuring risk in unlisted infrastructure equity investment

by Frédéric Blanc-Brude, Omneia R H Ismail
Abstract:
In this paper, we propose a methodology to measure the risk of unlisted infrastructure equity investments at the underlying level. This methodology relies on theoretical insights but is also designed to use standardised cash flow data, which either already is or could be collected in a systematic manner by investors in infrastructure equity and their managers.
Reference:
Measuring risk in unlisted infrastructure equity investment (Frédéric Blanc-Brude, Omneia R H Ismail), In EDHEC Business School Working Paper, 2013.