Sector Investment 24 Hours

Last updated: May 6, 2026, 8:30 AM ET

Real Estate & Infrastructure Fundraising

Private markets managers are gearing up for substantial capital deployment, evidenced by TPG preparing for a major fundraising cycle across three existing real estate funds, with plans to launch a fourth vehicle next month. This appetite for capital deployment is mirrored in infrastructure, where Ancala launched an oversubscribed €2bn fourth flagship fund, surpassing the €1.4bn raised for its predecessor in February 2024 against a €1.2bn target. Meanwhile, the private real estate sector is witnessing a temporary shift in M&A, with non-alternative buyers filling the space while large, publicly traded investment managers pause activity, according to Berks advisory partner Drew Murphy.

Sector Investment Trends

Investment firms are focusing on critical infrastructure needs while personnel compensation begins to recover across the sector. Blackstone infrastructure head Sean Klimczak stressed that data centre development must now move beyond a "do no harm" approach to manage expansion risks, while expressing particular interest in U.S. utilities and European opportunities. Concurrently, compensation for private real estate professionals is gaining momentum, with median remuneration increasing across almost all categories in 2025, according to a recent survey by Sousou Partners and PERE.