Sector Investment 24 Hours

Last updated: June 24, 2026, 5:30 AM ET

Real Estate & Pensions

Dutch investor Bouwinvest is proposing a reciprocal tax framework to encourage cross-border pension investment, a move its CEO described as unprecedented for the firm. In the U.S., the LA Fire and Police pension fund is considering niche real estate strategies to bolster returns, shifting away from public REITs. Meanwhile, major non-bank lenders to UK real estate are participating in a Bank of England stress test of private market resilience. Separately, Madison International has named two successors to founder Ronald Dickerman, following a multi-year leadership transition process that also saw three senior executives depart the secondaries manager.

Infrastructure & Secondaries

The Japan Science and Technology Agency is increasing its focus on infrastructure secondaries as part of its investment strategy. In fundraising, Conifer Infrastructure announced its debut fund has closed at its $900 million hard cap. The fund, targeting a net internal rate of return of 25%, has already committed approximately $190 million to hydroelectric, biogas, and helium platforms. Seraya Partners has reached the halfway mark for its second infrastructure fund, aiming for a total of $1.5 billion.