Skip to main content
Skip table of contents


Private infrastructure investment is developing rapidly as a global asset class. This evolution requires a clear and robust classification of the individual infrastructure companies that equity investors can acquire or debt investors can lend to.

The Infrastructure Company Classification Standard (TICCS®) was created by EDHECinfra to provide investors with a frame of reference to approach the asset class. It offers an alternative to investment categories that were inherited from the private-equity and real-estate universe (e.g. 'Core' vs 'Core+'), which may not be the most informative when trying to group infrastructure investments, design strategies or simply document the structure of the sector.

TICCS® is designed to be compatible with other standard investment-classification schemes. However it also uses fundamental insights from the academic literature to create a classification that embodies some of the key aspects of infrastructure businesses' risk profiles.

TICCS® is also the object of an annual market consultation and is audited by an independent Review Committee which includes senior representatives of the standard setting and infrastructure investment industry. 

TICCS® 2022 √ MAY 2022

(plus) Go straight to the file download here

JavaScript errors detected

Please note, these errors can depend on your browser setup.

If this problem persists, please contact our support.