Market Update on Public Private Partnerships in Higher Education

Market Update on Public Private Partnerships in Higher Education

Public-Private Partnerships (P3s) in higher education continue to grow across several dimensions, including services/assets where the P3 approach is applied and evolution of different payment models.   Beyond Undergraduate Student Housing Interest in housing P3s has expanded beyond traditional housing for undergraduates. The number of P3 deals for undergraduate student

Negative Arbitrage in Project Funds

Negative Arbitrage in Project Funds

We recently completed a reinvest transaction for a Blue Rose client who had a rather short-dated project fund, with a final draw date approximately seven months after the settlement of the bonds. Given the current inversion of the yield curve at the very front end, we were delighted that we