12/11/2018
EDHECinfra launches GICCS® classification criteria to structure infra asset class

The EDHEC Infrastructure Institute, as part of its work to build performance benchmarks for investors in private infrastructure debt and equity, has released the Global Infrastructure Company Classification Standard (GICCS®).

Private infrastructure investment is developing rapidly as a global asset class. This evolution requires a clear and robust classification of the individual infrastructure companies that equity investors can acquire or debt investors can lend to.

Taking existing definitions and perspectives into account EDHECinfra has created the Global Infrastructure Company Classification Standard (GICCS®) to provide investors with a frame of reference to approach the infrastructure asset class.

GICCS® comprises four pillars; business risk classification, industrial classification, geo-economic classification and corporate governance classification. It is designed to be compatible with other standard investment-classification schemes, but it also uses fundamental insights from the academic literature to create a classification that embodies some of the key aspects of infrastructure businesses’ risk profiles.

You can donwload the GICCS® criteria here and accompanying spreadsheet.

Please see below the press release.

For further information and media enquiries please contact Sarah Tame, associate director and CCO, EDHECinfra atSarah.tame@edhec.edu.