Sector Investment 3 Days

Last updated: May 29, 2026, 5:35 AM ET

Real Estate Fundraising

Empira launched a German core-plus living fund with backing from UBS and Partners Group, while Kayne Anderson secured a $5 billion fundraise in a week marked by significant fundraising achievements in private real estate. Stoneshield set a Southern European fundraising record by securing €1.5 billion for its fourth opportunity fund after less than six months on the road, highlighting the strong demand for specialized regional strategies. These substantial closes come as institutional investors seek operational alpha through platforms in specialized sectors, with big-ticket deals underscoring the appetite for exposure to seasoned operators managing midsize multifamily assets and other property types.

Healthcare Private Equity

The healthcare private equity sector saw significant deal activity as Kinderhook Industries completed its acquisition of Enhabit for approximately $1.1 billion, while Water Street Healthcare Partners closed its sixth fund with $1.9 billion in total capital commitments. These substantial transactions reflect continued institutional confidence in healthcare assets despite market volatility, with specialized funds targeting both operational improvements and sector-specific expertise in life sciences and healthcare services.

Infrastructure Investment Trends

Infrastructure investment strategies are shifting as investors navigate what one LP described as a "new normal of 'low probability, high risk'", with the ability to take a long-term view becoming increasingly valuable. Meanwhile, APG favors home bias and direct investment for infrastructure assets, reflecting a broader trend toward more targeted approaches in the asset class. New fundraising activity includes CIP seeking €1.5 billion for a biogas fund, Allianz hitting €1 billion third close, and I Squared plugging $1 billion into Indian transmission projects, showing continued commitment to infrastructure despite headwinds.

Real Estate Investment Opportunities

European real estate investors are adopting a hybrid approach to self-storage, treating it both as a real estate asset class and as an operating platform, according to Newmark's head of investment strategy. Meanwhile, San Diego City Employees' Retirement System issued an RFP for a real estate investment manager, indicating continued institutional allocation to the sector despite market challenges. The market also saw Delancey expand its fundraising team with a capital strategies director role, reflecting the competitive landscape for talent in real estate investment management as firms prepare to launch new strategies.

Private Real Estate Market Dynamics

Retail investors in private REITs have evolved significantly since sparking a wave of redemptions in the industry a few years ago, with Starwood's redemption woes considered "one big exception" rather than part of a broader trend. This stabilization comes as the sector continues to attract institutional capital, though with more refined expectations about liquidity and risk profiles as institutional investors become more sophisticated in their approach to alternative real estate investments.