One of the lessons to have emerged from the travails of Neil Woodford’s investment firm is that there are good and bad ways to put together an investment vehicle that takes stakes in unlisted illiquid assets. 3i Infrastructure is a perfect example of one of the good ways.
Founded in 2007 by the FTSE 100 private equity investor 3i, it is an investment trust whose brief is to generate capital growth and income for investors over the long term by investing in infrastructure assets, which can range from waste treatment and processing facilities to renewable power developers.
The trust is a constituent of the FTSE 250 and 3i both manages the investments and has a 33.35 per cent stake that it is showing no signs