Sector Investment 24 Hours

Last updated: April 30, 2026, 5:30 PM ET

Private Capital Fundraising & Strategy

I Squared Capital achieved a significant milestone, securing a $10 billion first close for its fourth flagship infrastructure fund, even as it concurrently reached a $2 billion initial closing for its Growth Markets Infrastructure Fund II, suggesting strong institutional appetite for diversified infrastructure plays globally. This fundraising environment contrasts somewhat with the private real estate sector, where sentiment remains elevated despite returns lagging behind investor expectations following recent market corrections. Furthermore, Lazard's strategic acquisition of Campbell Lutyens for $575 million signals a push to build a specialized private capital advisory platform, Lazard CL, combining advisory power in infrastructure and credit markets.

Real Estate & Yieldcos

The focus on specialized real assets continues, evidenced by Blackstone's data centre IPO potentially sparking a new wave of yieldcos following a decade where the asset class matured from its earlier renewables focus. In leadership shifts, Oxford Properties appointed a new head for its U.S. operations, filling the void left by Randy Hoffman’s departure after two decades managing the Canadian pension OMERS’ real estate arm. Meanwhile, Equis is initiating a management-led recapitalization process for its operations, a move that follows an unsuccessful attempt last year to divest its Asia-Pacific renewable energy platform, indicating a restructuring of its asset management mandate.