Sector Investment 3 Days

Last updated: July 3, 2026, 8:30 PM ET

Infrastructure Sector Sees Robust Fundraising Amidst Shifting Market Dynamics

Infrastructure fundraising remains a dominant theme, with several large vehicles reaching significant milestones. Conifer Infrastructure successfully closed its first fund at a hard-cap of $900 million, targeting a net internal rate of return of 25% and having already deployed approximately $190 million across hydroelectric, biogas, and helium platforms Conifer fund closes. Seraya Partners is nearing the halfway mark for its $1.5 billion sophomore infrastructure fund, aiming for final close by the end of 2026 Seraya fund halfway. The European Bank for Reconstruction and Development (EBRD) is identifying infrastructure as a key area for nature-based finance, signaling a growing trend toward sustainable investments in the sector EBRD eyes nature finance.

The appetite for infrastructure assets is further evidenced by major players looking to increase their exposure. Samsung Asset Management is set to boost its infrastructure investments, with a particular focus on favorable energy-related opportunities and an expanding risk appetite Samsung Asset Management infra. Copenhagen Infrastructure Partners (CIP) is targeting €16 billion for its latest renewables flagship fund, following the successful close of its previous fund above its €12 billion target CIP eyes €16bn. Reinova is also preparing for a $500 million first close on its debut energy transition infrastructure fund, having secured approximately two-thirds of its target within ten months of strategy launch Reinova eyes $500m.

In the Asia-Pacific region, the success of infrastructure fundraising appears to hinge on large-scale funds. KKR Asia Pacific Infrastructure Investors III is identified as a potentially pivotal vehicle for the region's fundraising performance in 2026 Large funds APAC. Overall, the infrastructure sector is experiencing a significant fundraising comeback, with $1.2 trillion raised, though the distribution of this capital and the performance of different fund sizes are under scrutiny Infra fundraising comeback. Data suggests that mid-market infrastructure funds often deliver superior returns to investors compared to large-cap counterparts, despite the latter's dominance in capital raised Mid-market outperforms.

The broader investor base is demonstrating a substantial commitment to infrastructure, with the world's largest institutional investors allocating a record $913.4 billion to the asset class, a nearly 15% increase year-over-year Global Investor 75. The National Investment and Infrastructure Fund (NIIF) is nearing the first close for its second infrastructure fund, with the Indian government contributing nearly half of the $3.5 billion target capital NIIF second infra. In a notable co-investment, Altérra has joined I Squared in a $600 million deal for a Peruvian power business, marking Altérra's first direct investment in Latin America and its second with I Squared Altérra joins I Squared.

Real Estate Sector Navigates Secondaries and Retail Resurgence

The real estate sector is witnessing a significant uptick in secondaries activity, driven by managers seeking liquidity and investors looking for exposure to in-demand asset classes. A growing number of institutional investors are engaging with real estate secondaries, which are evolving from a niche liquidity tool into a sophisticated capital formation strategy Real estate secondaries. Investors are leveraging secondaries to unlock liquidity, retain high-conviction assets, and reposition platforms for future growth Secondaries capital formation. This rising confidence is fueling increased deal flow in the secondaries market Secondaries dealflow.

Recapitalizations are also emerging as a critical strategy in the current market. As refinancing pressures mount and exits become more challenging, investors are increasingly turning to recapitalizations to unlock liquidity and extend hold periods Private real estate recap. Schroders Capital views recapitalizations as more than just a liquidity tool, seeing them as a means to bridge Europe's funding gap by combining capital discipline with operating expertise to foster platform institutionalization and growth Schroders Capital recap.

The retail sector is experiencing a resurgence, with capital returning to everyday essential retail formats. Retail parks and similar convenience retail offerings are demonstrating resilient income streams that can be grown through disciplined execution Newport Capital Partners retail. Specialty open-air retail centers are presenting a notable investment opportunity within the current retail landscape Northwood Investors retail.

Fundraising in real estate continues, albeit with diverse strategies. Starwood Capital closed its Fund XIII at $10.2 billion, surpassing its $10 billion goal and entering the market in a significantly different environment for real estate in 2023 Starwood Fund XIII. Australian super fund Aware Super has made its debut commitment to student housing, pledging €426 million to a venture that will also mark its initial entry into German real estate Aware Super student housing. Centuria has secured backing from a Japanese investor for a single-asset Sydney office fund, raising approximately A$268 million in equity for a 50% stake in World Square precinct properties Centuria office fund.

Capital raising advisory firms are also gaining prominence, with PERE releasing its inaugural ranking of the biggest real estate capital advisory firms based on equity raised over the past year PERE placement agents. Furthermore, Jennifer Ciullo, a former executive at Greystar, has joined Hawkeye Partners to expand the firm's fund platform, moving from seeding emerging managers to launching its own real estate funds Greystar exec joins Hawkeye. Urban Partners has appointed Jennifer Andersson, an ex-Niam executive, as its North American investor relations lead to deepen the Northern Europe-focused manager's capital relationships in the US and Canada Urban Partners lead. Matter Real Estate has hired an ex-Ares executive to lead its European expansion, aiming to scale its residential management platform on the continent Matter Real Estate Europe.

Healthcare Sector Sees Strategic Divestitures and Evolving Trends

The healthcare sector is characterized by strategic divestitures and evolving private equity trends. Arlington Capital Partners has announced an agreement to sell its portfolio company, Riverpoint Medical, to Novanta Arlington Capital sells. This transaction reflects ongoing consolidation and strategic repositioning within the healthcare services and medical device sub-sectors.

Discussions around physician practice management and healthcare private equity trends are ongoing. Amber Walsh, a Partner at McGuire Woods LLP, has been tracing the momentum behind healthcare private equity in a podcast episode, suggesting continued investor interest in the sector's growth opportunities Healthcare PE trends. While specific deal values for recent transactions were not detailed, the commentary indicates an active market.