Instead, they’re plowing forward with plans to invest in everything from data centers to airport terminals -- assets that require little or no participation from the federal government. Infrastructure funds raised a record $37 billion globally in the third quarter, according to data provider Preqin. “We’re still hopeful the federal government will produce an infrastructure bill, but that’s not the only way” to get money flowing to projects, said Andrew Marino, co-head of Carlyle Group LP’s Global Infrastructure Opportunity Fund.
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