Levered infrastructure funds may be finding a new life in the post-leverage world. Here is some good background on the topic. Looks like John Hancock is showing some interest in the collapsed Babcock’s U.S. Infrastructure Fund (see story). Infrastructure- particularly power and energy- may be the medicine insurance companies (and other institutions) need on the asset side of their balance sheet. Injecting some equity (for those who have it - and not many do) and deleveraging may do the trick.