John Laing Infrastructure sees strong portfolio growth

FTSE 250 new entrant, the John Laing Infrastructure Fund (JLIF), grew the underlying value of its portfolio faster than expected in 2011, its first full year as a public listed company.

FTSE 250 new entrant, the John Laing Infrastructure Fund (JLIF), grew the underlying value of its portfolio faster than expected in 2011, its first full year as a public listed company.

The group was created late in 2010 with a £270m capital raising, since when it has raised further funds of £157m and has spent the money buying stakes in 33 private finance initiatives (PFI) and public private partnerships (PPP), as it looks to cash in on the UK government's new penchant for infrastructure investment.

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