Sector Investment 3 Days

Last updated: June 24, 2026, 8:30 PM ET

Real Estate

Prologis launched a $16.6 billion hostile bid for U.K. rival Segro, after the target’s board "unequivocally" rejected the U.S. logistics giant's offer. The move by Prologis signals an aggressive push to consolidate market share in the logistics sector, a segment that has seen significant investor interest. Meanwhile, the California Public Employees' Retirement System is exploring an increased allocation to niche real estate strategies, as it pares down exposure to public real estate investment trusts. The pension fund is considering building its allocation to strategies that can offer diversification and potentially higher returns in the current market cycle.

PSP Investments reported a $1.5 billion loss in its real estate portfolio for fiscal year 2026, a performance attributed to residential oversupply and domestic immigration policies. The Canadian pension fund's real estate arm registered a -7.3% return, prompting a strategic shift that favors infrastructure investments. In a related development, the Dutch investor Bouwinvest is advocating for its first-ever reciprocal tax framework proposal, aimed at stimulating cross-border pension investment. CEO Siezen highlighted the significance of this initiative for facilitating international capital flows into real estate.

Schroders’ head of Asia real estate is set to step down less than a year after joining the firm, remaining in an advisory capacity for several months. This leadership transition occurs as the firm navigates evolving market conditions in the region. Separately, Madison International has named two senior executives as future successors to its founder, following a multi-year selection process. The firm, a prominent player in real estate secondaries, also saw three departures from its executive ranks.

In a move to enhance market transparency, real estate managers are contributing to a major stress-testing exercise by the Bank of England. These firms, among the largest non-bank lenders to U.K. real estate, are providing data to help the central bank assess the resilience of private markets. Separately, KB Securities has signaled an openness to new partnerships with global general and limited partners, indicating a strategy to expand its international collaboration through various investment structures.

Infrastructure

Conifer Infrastructure’s debut fund reached its $900 million hard-cap, targeting a net internal rate of return of 25%. The fund has already allocated approximately $190 million to platforms focused on hydroelectric, biogas, and helium opportunities, signaling strong early deployment in the energy transition space. Seraya Partners announced its second infrastructure fund has reached the halfway mark of its $1.5 billion target, demonstrating continued investor confidence in infrastructure assets.

Allianz Global Investors is increasingly focusing on infrastructure secondaries, with co-heads Maria Aguilar-Wittmann and Tillman Mueller identifying numerous attractive opportunities. The infrastructure secondaries market, which has seen significant growth, presents a compelling avenue for deploying capital. In a similar vein, the Japan Science and Technology Agency is beginning to invest in infrastructure secondaries, marking a new strategic direction for the agency.

The European Bank for Reconstruction and Development is eyeing infrastructure as a key area for nature-based finance. This initiative aims to integrate environmental considerations into infrastructure development, aligning investments with sustainability goals. Infra funds are heralding a "phoenix moment" for Uniper, suggesting a significant turnaround and potential for value creation in the energy infrastructure sector.

I Squared Capital's Asia-Pacific platform is a notable component of the current pipeline, alongside Ares' new head of infrastructure debt and Stonepeak's pipeline exit strategy. These developments highlight active deal-making and strategic adjustments within the infrastructure investment landscape. The real estate portfolio of PSP Investments, which experienced a $1.5 billion loss, is undergoing a strategic shift toward infrastructure, reflecting a broader trend of reallocating capital to this sector.

Healthcare & Life Sciences

LLR Partners has completed a strategic investment in Axis Care, a provider of home care software solutions. This investment underscores LLR's focus on the healthcare technology sector and its commitment to supporting growth-stage companies. Ian Gardner, along with his wife, developed a solution addressing the fragmented nature of perinatal care after experiencing personal challenges in assembling a holistic care team during pregnancy. This initiative aims to create a unified platform for managing the entire perinatal journey.