Sector Investment 24 Hours

Last updated: May 5, 2026, 11:30 AM ET

Infrastructure & Private Credit

Ancala Infrastructure Partners is targeting €2bn for its fourth flagship fund, signaling sustained appetite despite rising rates, following its predecessor's oversubscribed close at €1.4bn in February 2024, which exceeded its initial €1.2bn goal. This move comes as the debt landscape shifts, with the growing popularity of infra debt suggesting investors are seeking alternatives to private credit markets, whose recent underperformance is driving clearer distinctions between the asset classes.

Real Estate Strategy

The pursuit of international growth is accelerating in the real estate sector, as Southern European specialist Azora appointed former Partners Group executive Anne-Jan Jager to spearhead expansion beyond its existing U.S. platform into new European territories. This international push occurs while managers grapple with performance issues, as investors scrutinize covid-era deals to determine whether widespread property losses stem from poor manager selection or simply adverse market timing.