Infrastructure debt – is there something like too much of a good thing?

Lots of investors are lining up to put money into infrastructure debt which is making fund managers bigger but this is also causing a dilemma. The debt in infrastructure is becoming a sought after asset allocator list and this is meaning that those investing into the centre have a lot of capital but need more projects to invest into that have terms that are acceptable. Pension funds are one of the main investors. The pension funds wanted to substitute the coupon income because of the yields on low fixed income. The debt allows them to have a cash flow on a long term basis.