GCP Infrastructure to consider new allocations as PFI has 'come and gone'

Currently 25% of the portfolio is in PFIs

clock • 3 min read
Manager of the GCP Infrastructure trust Phil Kent
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Manager of the GCP Infrastructure trust Phil Kent

Phil Kent, manager of the £1.1bn GCP Infrastructure investment company, will need to shift the portfolio asset allocation in the coming years as opportunities in private finance initiatives (PFI) have “come and gone”.

"PFI is a bit of a dirty word in the UK," Kent said. "The government has been pretty explicit over the last five years that they do not want to use those public-private procurement models to finance...

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