The federal government is spending huge sums of money to keep the economy moving, but the investment and capital markets remain defined by mixed messages and scarce capital. A recent panel at ULI-LA’s Infrastructure Summit 2009, excerpted here by TPR and entitled “Financing P3 Infrastructure, Transit and Public Facilities,” attempted to find a ray of hope and a path for the future in the expanding practice of public-private partnerships. The panel featured Kathleen Brown, senior advisor, Goldman Sachs, and Frank Rapoport, senior partner, McKenna Long & Aldridge.
