Former Obama officials head to Related Companies for infrastructure investments

Related Companies is tapping two former Obama transportation officials for a new infrastructure venture. The Wall Street Journal reported that ex-Transportation Secretary Anthony Foxx, along with another former transportation official Andrew Right, are spearheading Related Infrastructure, which will invest in business developing or operating airports, toll roads and other types of infrastructure. Related Infrastructure will strictly invest this way–into existing businesses invested in infrastructure–instead of making its own equity investments directly into developments and projects. […]

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