Sector Investment 8 Hours

Last updated: April 30, 2026, 2:30 PM ET

Private Capital & Advisory

Infrastructure dealmaking is accelerating as Lazard announced its $575 million acquisition of Campbell Lutyens to forge a specialized private capital advisory platform, Lazard CL, led by co-CEOs Holcombe Green and Gordon Bajnai. This strategic expansion follows a strong fundraising showing from competitors, with I Squared Capital securing a first close of approximately $10 billion for its flagship Fund IV, alongside a $2 billion first close for its Growth Markets Infrastructure Fund II, signaling continued investor appetite for hard asset deployment. Separately, while fundraising momentum is evident, the private real estate sector faces a disconnect, as sentiment has improved markedly despite lagging performance metrics and returns that have yet to fully recover from recent market stress.