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Keywords: Commercial banks
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Journal Articles
Innovative financial intermediation and long term capital pools for infrastructure: A case study of infrastructure debt funds
Available to Purchase
Journal of Financial Management of Property and Construction (2016) 21 (3): 231–252.
Published: 07 November 2016
... as an effective intermediation mechanism for attracting long-term capital by offering a new investment product with appropriate risk-adjusted returns. For the fund seekers, IDFs are able to provide long-term capital at lower rates and higher flexibility. Unlike commercial banks, IDFs are able to add value...
