Sector Investment 3 Days

Last updated: July 16, 2026, 8:30 AM ET

Infrastructure Sees Mixed Fundraising and Strategic Plays

Infrastructure fundraising of $40.8bn in the first half of 2026, though this figure represents a significant drop from the $71.6bn raised in the same period of 2024. Despite this slowdown, Clifford Capital Asset Management is planning an opportunistic infra credit fund, with its Energy Transition Acceleration Finance partnership already securing $345m towards a $600m target commitments. Pantheon notes that the infra secondaries market is evolving into a core allocation for investors, with Echberg discussing the dynamics of continuation funds and record investment activity discussions. Primevest is eyeing the launch of a €1bn European mobility fund focused on assets like EV charging facilities facilities.

Real Estate Portfolio Adjustments and Debt Partnerships

La Caisse, the Quebec pension fund, has committed $3.3bn to US real estate since the start of 2025, aiming for higher returns through portfolio recycling committed. However, the 2019-23 vintage funds have distributed 50% or less of their capital, with 2016-18 vintages being the last to fully return capital, reaching an average DPI of 1.05x ten years post-inception. In a significant move, CalSTRS and Nuveen have formed a $2bn strategic partnership for a debt fund and adjacent opportunities, focusing on sustainable energy investments. PIMCO's latest outlook suggests real estate is in a "fight for relevance" in the age of AI, emphasizing the need for assets to accommodate future tenants outlook. LACERA's head of real estate has departed after two years, having been tasked with a substantial restructuring of the pension plan's property portfolio departs.

Healthcare and Infrastructure Deal Activity

In the healthcare and life sciences sector, Incline Equity Partners has announced an investment in West Physics investment. TA Associates has also made a growth investment in AIRS Medical, aiming to accelerate its global expansion initiatives investment. Meanwhile, Brookfield's Csquare is testing public appetite for data centers with a $1.35bn IPO, offering a potential public exit from the data center boom for its private infrastructure fund IPO. The fallout from geopolitical events, such as the Iran war, is already impacting renewables developers, with potential for significant and prolonged negative effects impacts. In personnel news, Campbell Lutyens has named Moore and Marroquin as global co-heads of infrastructure, coinciding with the firm's pending $575m merger with Lazard co-heads.