Sector Investment 24 Hours

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

Private Markets Fundraising & Strategy

The private real estate sector is seeing a shift in buyer activity as non-alternative asset managers temporarily fill the void left by large, publicly traded investment managers who are currently pausing deployment, according to Drew Murphy, a partner at Berks. This dynamic coincides with TPG preparing for a major fundraising cycle, planning to launch a fourth real estate vehicle next month while actively raising capital for three existing funds. Separately, infrastructure fundraising remains strong, with Ancala launching its fourth flagship fund targeting €2bn, significantly surpassing the €1.4bn raised for its predecessor which closed in February 2024 above its initial €1.2bn target.

Sector Expansion & Talent Acquisition

Investor interest in infrastructure debt is growing amid market differences compared to private debt, suggesting distinct drivers for its rising popularity, though the exact relationship between the two asset classes remains complex. Meanwhile, specialization firms are looking outward for growth; Azora hired a former Partners Group executive to spearhead international expansion, aiming to build upon its Southern European base and enter new European markets while strengthening its existing US platform. This talent movement follows trends in compensation, where a recent survey indicated that median remuneration gains were seen across nearly all categories for real estate industry professionals in 2025, signaling a recovery in sector profitability.