Sector Investment 24-Hour Briefing
×Infrastructure
Partners Group netted a 2.5x multiple on its data centre platform at North after the $4 billion sale. CapMan is preparing to launch a €750 million third Nordic infrastructure fund, a nearly 90% increase on its predecessor. Regulators must mandate frequent valuations for infrastructure assets, according to EIPA’s Tim Whittaker.
Real Estate
The PERE Awards overhaul shook up this year’s honorees, while Almanac acquired a minority stake. A financing structure once seen as too risky is now revolutionizing debt markets, as discussed on The PERE Podcast.
Funds & Allocations
Seven Hills Capital closed its second fund at the $235 million hard cap. ADIA and Australia’s ART are divided on whether to increase fund investments next year, with the super fund citing a key driver for more allocations.