Sector Investment 3 Days

Last updated: June 23, 2026, 11:30 PM ET

Real Estate Investment Flows

Dutch investor Bouwinvest is exploring a reciprocal tax framework to encourage cross-border pension investment, a move its CEO described as unprecedented for the firm. This initiative comes as Canadian pension PSP reported a $1.5bn real estate loss in fiscal 2026, attributing the -7.3% return to residential oversupply and immigration policy shifts. Meanwhile, the LA Fire and Police pension system is considering expanding allocations to niche real estate strategies, even as it reduces exposure to public REITs. Firms that are among the largest non-bank lenders to UK real estate are also assisting the Bank of England in a significant stress-testing exercise for private markets. In leadership news, Madison International has named its future successors after a multi-year executive selection, though three other senior figures have departed the secondaries manager. South Korean investment bank KB Securities is signaling openness to new partnerships with global general and limited partners across various investment structures.

Infrastructure Sector Activity

The Japan Science and Technology Agency is initiating investments in infrastructure secondaries, signaling a growing interest in this market segment. Concurrently, Conifer Infrastructure’s debut fund has closed at its $900m hard-cap, targeting a net internal rate of return of 25%. This fund has already allocated approximately $190m across platforms focused on hydroelectric, biogas, and helium ventures. Elsewhere, Seraya has reached the halfway mark for its $1.5bn sophomore infrastructure fund, indicating continued fundraising momentum. The European Bank for Reconstruction and Development is identifying infrastructure as a prime area for nature-based finance. Within the sector, I Squared’s APAC platform is active, alongside new appointments for Ares’ infrastructure debt division and Stonepeak's pipeline exits. The Iran war has also brought renewable energy sources into sharper focus for real estate managers, as they seek to mitigate risks associated with volatile energy pricing and fragile global supply chains.