Sector Investment 24 Hours

Last updated: July 14, 2026, 5:30 PM ET

Real Estate Sees Shifting Strategies Amidst Return Pursuits

La Caisse is demonstrating a strong commitment to US real estate, having allocated $3.3bn to the sector since the start of 2025 as it seeks to optimize portfolio returns. This strategic pivot comes as continue to struggle with capital distributions, with 2019-23 vintage funds having returned 50% or less of invested capital. In contrast were the last to fully return capital, achieving an average DPI of 1.05x a decade after launch. Amidst these shifts, PIMCO highlights real estate's evolving role in the age of AI, emphasizing the importance of an asset's capacity to accommodate future tenants.

Infrastructure Fundraising Faces Headwinds Despite Strategic Alliances

CalSTRS and Nuveen have forged a $2bn strategic partnership aimed at capitalizing on sustainable infrastructure opportunities, particularly within Nuveen's energy platform and its Energy & Power Infrastructure Credit Fund II. However, the broader infrastructure fundraising landscape appears to be sputtering. The $40.8bn raised in the first half of 2026 marks a new record low, significantly trailing the $71.6bn secured in the first half of 2024, which was itself the weakest fundraising year on record. In related news has appointed new global co-heads for its infrastructure division, a move occurring as the firm prepares for its $575m merger with Lazard.