Sector Investment 24 Hours

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

Private Capital Fundraising & M&A

I Squared Capital achieved a $10 billion first close for its fourth flagship fund, signaling continued institutional confidence in core infrastructure assets, while concurrently securing about $2 billion for its Growth Markets Infrastructure Fund II, ahead of a final close expected soon for its second credit vehicle . This activity contrasts with the broader advisory space, where Lazard agreed to acquire Campbell Lutyens for $575 million to construct a specialized private capital advisory platform, Lazard CL, co-led by Holcombe Green and Gordon Bajnai. Separately, Equis prepared for a management-led recapitalization process following an unsuccessful attempt last year to divest its Asia-Pacific renewable energy platform, suggesting restructuring within specialized mid-market fund managers following the attempted sale.

Real Estate & Asset Management Shifts

In the property sector, sentiment appears detached from immediate financial outcomes, as private real estate is currently viewed more positively even though returns have yet to fully rebound from recent market stress, indicating investor patience or perceived value in long-term holdings. To manage these assets, Oxford Properties announced the appointment of its incoming head for the U.S. division, who will succeed Randy Hoffman, a two-decade veteran of the real estate arm of Canadian pension plan OMERS.