Sector Investment 3 Days

Last updated: August 6, 2026, 11:30 AM ET

Infrastructure Fundraisings Surpass Targets Amid Market Uncertainty

KKR has successfully closed its latest flagship infrastructure fund at $19.2bn, marking its largest fundraising effort to date and exceeding the $17bn raised for its predecessor fund in March 2022. Energy & Capital (ECP) also announced the final close of its ECP VI fund at $8.1bn, which finished more than 50% above its target within 18 months. Agallas Equities is planning an inaugural infrastructure fund focused on the Caribbean, aiming for $5bn and attracting early interest from Gulf state family offices for projects in the Dominican Republic and surrounding regions.

Pension Fund Executives Navigate Geopolitical Headwinds and Asset Allocation

Despite ongoing geopolitical turbulence, Mikkel Kjaersgaard, head of infrastructure at Danish pension fund Industriens Pension, stated that operations remain "business as usual." Kjaersgaard discussed the €37bn fund's strategy for the infrastructure asset class, including co-investments and secondary market activities. Meanwhile, Aware Super is in discussions to merge with Prime Super, which would add approximately A$8bn in assets under management to Aware Super's substantial capital pool. The potential merger would see Aware Super's assets approach A$250bn.

Senior Departures and Strategic Acquisitions in Asset Management

Hans-Martin Aerts who served as APG's head of infrastructure for the Asia-Pacific region for 25 years, has departed the €639bn Dutch pension asset manager. His exit follows that of the global head of infrastructure just a month prior. In the healthcare sector, Altaris has announced its intention to acquire the Life Sciences & Healthcare business from Clarivate. The terms of this transaction were not disclosed. The appeal of niche infrastructure assets, such as transport packaging, remains a point of discussion, with the ultimate decision on their inclusion resting with limited partners.