Sector Investment 24 Hours

Last updated: April 24, 2026, 8:30 PM ET

Private Markets & Fundraising Concentration

Fundraising activity within the infrastructure sector continues to demonstrate significant concentration, as the top 10 managers secured a combined $403 billion between 2021 and the first quarter of 2025, accounting for over 40% of all capital raised. Despite this focus, new capital deployers remain eager for deployment; the UAE-backed Altérra confirmed its commitment to infrastructure funds, clarifying its role is providing "catalytic capital" rather than concessional financing. Elsewhere in infrastructure, Basalt gathered $1.5 billion for the first close of its fifth fund, reaching half its $3 billion target just eight months after launch, signaling strong, albeit concentrated, investor demand.

Real Estate Strategy & Capital Costs

Market participants are currently navigating increased economic friction as rising capital costs strain deal flow and necessitate the reworking of existing capital stacks amid geopolitical uncertainty. In response to this environment, Australia’s Qualitas is expanding its direct real estate capabilities by appointing Jesse Curtis to lead a new platform focused on bringing asset management in-house, prioritizing stable, income-producing investments over purely opportunistic plays.