Sector Investment 24 Hours

Last updated: June 23, 2026, 5:30 PM ET

Real Estate & Pensions Face Shifting Allocations

Dutch investor Bouwinvest is pioneering a reciprocal tax framework, a first for the firm, aimed at stimulating cross-border pension fund investment. This initiative comes as the LA Fire and Police pension fund considers increasing its allocation to niche real estate strategies, while simultaneously reducing its exposure to public REITs. Meanwhile, major non-bank lenders to UK real estate, including firms that rank among the largest, are participating in a significant stress-testing exercise conducted by the Bank of England, a move designed to illuminate the dynamics of private markets. In a leadership transition, Madison International has elevated two senior executives to succeed founder Ronald Dickerman, following a multi-year succession process, though three other executives have departed the secondaries manager. South Korean investment bank KB Securities has signaled an openness to new partnerships with global general and limited partners, exploring various cooperative structures.

Infrastructure Investment Sees Strong Inflows and New Frontiers

The infrastructure sector continues to attract significant capital, with Conifer Infrastructure’s debut fund closing at its hard-cap of $900 million. This fund, targeting a net internal rate of return of 25%, has already committed approximately $190 million across platforms focused on hydroelectric, biogas, and helium assets. The Japan Science and Technology Agency has begun investing in infrastructure secondaries, indicating a growing appetite for this market segment. In parallel, Seraya has reached the halfway point for its $1.5 billion sophomore infrastructure fund. The European Bank for Reconstruction and Development (EBRD) is identifying infrastructure as a key area for the future of nature finance, suggesting a growing emphasis on sustainable investments within the sector. The pipeline remains active, with I Squared Capital’s APAC platform seeing activity, alongside Ares’ appointment of a new infrastructure debt head and Stonepeak’s pipeline exit.