A series of interviews was conducted with key private sector stakeholders; the financial advisors KPMG and PricewaterhouseCoopers, the banks HBOS and Dresdner Kleinwort Wasserstein (DrKW), the insurance company MBIA, and the PPP Forum (a private sector industry body representing PFI funders and contractors).
We discussed the developments in the PFI equity market with the Treasury and PUK, undertook a website review of secondary market funds and met with the following funds: Innisfree, Hendersons and SMIF (see Appendix 4).