We adopt a three-step approach to value creation:

Investing at the appropriate price points is key to maintaining our track record of returns We deploy our market knowledge and execution skills to ensure we invest at attractive entry points;

Returns from infrastructure businesses are delivered in large part through income. We are active on portfolio company boards to drive income from our investments through disciplined cash management and incremental improvements in operational performance;

Infrastructure investments are long-term in nature and can deliver an important proportion of their return through capital growth over time. We work with portfolio companies to deliver long-term capital growth through investment in value accretive projects.