Sector Investment 24-Hour Briefing

Infrastructure Fundraising

CapMan is launching a €750 million third Nordic infrastructure fund, representing an almost 90% increase from its previous €400m target. EIPA is calling on regulators to force private market actors to conduct more frequent, robust, and independent valuations, warning that valuation smoothing in infrastructure downplays risks.

Real Estate Markets

The PERE Awards 2025 highlighted major achievements in private real estate equity with a shake-up among honorees following the awards' overhaul. Back leverage is revolutionizing European real estate debt markets, with this financing structure once widely regarded as too risky now gaining traction.

Investor Strategies

ADIA does not anticipate any change in its fund investments for 2026, while the Australian super fund points to key factors driving more capital into funds. LACERA has issued a request for proposal for qualified consultants to advise its real estate portfolio.