Martin Lawrence prepared this prescient paper with a former colleague, highlighting the governance deformities of these externally managed vehicles and the traps for unwary securityholders. This report was widely credited with hastening the demise of these entities.

Governance in listed infrastructure funds

By Cass Wigley •

Martin Lawrence prepared this prescient paper with a former colleague, highlighting the governance deformities of these externally managed vehicles and the traps for unwary securityholders.

This report was widely credited with hastening the demise of these entities.

A subsequent paper detailed the traps for securityholders in unwinding the structures.

 

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