Bridging the gap: comparing public and private infrastructure

December 2024

In their most simplistic definitions, private infrastructure represents private ownership of infrastructure assets, while public infrastructure represents ownership in an infrastructure company that is publicly traded.

Both public and private infrastructure provide exposure to the infrastructure asset class, yet there are key differences between the two that investors should be aware of when considering an allocation. This research note aims to describe some of the most substantial and impactful differences from an institutional investor’s perspective. Additionally, this paper reviews the historical performance of public and private infrastructure.