Sector Investment 24 Hours

Last updated: March 26, 2026, 5:30 PM ET

Real Assets & Infrastructure

[Cal PERS] reallocating capital toward non-core real estate strategies over the last two years is paying dividends, as the pension system anticipates higher future returns following the shift in asset allocation. This focus on specialized strategies aligns with broader investor appetite for differentiated real estate plays, evidenced by LaSalle Investment Management successfully raising $370 million for its inaugural global ‘brown-to-green’ fund, demonstrating strong institutional demand for decarbonization assets. Meanwhile, the long-standing debate over US infrastructure funding saw Australian investors re-examining asset recycling models, hoping this iteration will overcome previous hurdles and finally bridge the nation’s significant infrastructure funding gap.