Foreign practice of investing in infrastructure projects of institutional investors, corporal governance of business

Valishina Marina, Valishin Evgenii

The features of international investment practice by institutional investors in infrastructure projects, the social responsibility of business and social governance and the possibility of using it in Russia are considered. The authors pay attention at international practice of investing in infrastructural projects with pension funds, insurance companies. Analyze of investing in infrastructure of investors, carried out according to foreign practice, has confirmed that institutional investors have enormous resources and are successful dedicated investors. It was concluded the largest pension funds, investment funds began to consolidate with management companies for infrastructure projects, paying attention on looking for new sources of profit and the improvement of investment risk diversification, the authors substantiated that, in this process, they go beyond the traditional asset classes, analyzing the internationale practice of investing in infrastructure that a new asset class is being formed is unlisted illiquid infrastructure assets.

Keywords:Institutional investors, diversification of investment risk, new class of assets, unlisted illiquid infrastructure assets, distribution of the principle of responsible investment, socially important projects, social responsibility of business, corporal governance, societies for project financing, attraction of syndicated loans, regulation.