Sector Investment 24-Hour Briefing
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Last updated: October 2, 2026, 6:04 AM ET
Infrastructure Investment
Sumitomo Mitsui Trust Bank closed its Japan Infrastructure No. 2 fund at ¥123bn, setting a new record for a Japanese infrastructure vehicle. Meanwhile, Fresno County’s $8bn pension is expanding its infrastructure programme with a focus on middle-market debt, avoiding AI-driven exuberance in favor of value-add strategies.