Everything on Risk Management & Structured Finance

Semiconductor hardware depreciation fundamentally differs from real estate, requiring minimum 30% equity cushions in SPV structures to protect pension fund liabilities. Current downside protection clauses often fail to account for rapid tech obsolescence.

Impact: Institutional allocators can avoid hidden liability exposure by mandating stricter equity backing and explicit obsolescence clauses in infrastructure deals.

— from AI Financing Risks & Energy Market Regulation · Mikroökonomen a.k.a. Mikrooekonomen· Jun 27, 2026