Benchmarking Long-Term Investment in Infrastructure: Objectives, Roadmap and Recent Progress

This paper proposes an approach to benchmark long-term investments in infrastructure, where long-term investment simply refers to any unlisted and illiquid asset. It first highlights the reasons why benchmarking long-term infrastructure investments has become a sine qua non to match the supply and demand of long-term capital, improve asset allocation outcomes for investors and support the development of the economy.