Sector Investment 24 Hours

Last updated: April 20, 2026, 2:30 PM ET

Infrastructure & Private Equity Fundraising

Infrastructure managers are increasingly prioritizing direct access, exemplified by Colonial First State’s A$370m commitment to Morrison’s Value Add Infrastructure Strategy II, which specifically features a co-investment sleeve favored by superannuation funds. This trend occurs as overall fundraising volumes show declines in Q1 2026, although preliminary data suggests managers are spending less time actively soliciting capital on the road. Momentum remains strong for focused managers, as evidenced by Fengate reaching $1bn first close for its fifth infrastructure fund, placing it two-thirds toward its $1.5 billion target well ahead of schedule. Meanwhile, I Squared Capital secured $650m for a new natural gas storage venture, demonstrating continued appetite for essential energy transition assets despite broader market headwinds.

Real Estate & Financing Challenges

The real estate sector is grappling with persistent financing concerns, with managers bracing for potentially elevated debt costs as recent geopolitical tensions, specifically the ongoing conflict in Iran, cause base rate projections to shift. This environment has not entirely halted major fund launches; MARK held a first close for its third Crossbay logistics fund, attracting early backing from institutional investors like CBRE IM's Indirect business as it targets its largest capital raise yet. These capital raising activities are taking place while the broader private equity real estate market sees slower overall volume, suggesting that established managers with clear sector mandates are still able to secure commitments even amidst rising borrowing costs.