Sector Investment 8 Hours

Last updated: June 23, 2026, 11:30 AM ET

Infrastructure Investment Activity Accelerates

Conifer Infrastructure has closed its inaugural fund at the $900 million hard-cap. The fund, which targets a net internal rate of return of 25%, has already allocated approximately $190 million across platforms focused on hydroelectric, biogas, and helium projects. Meanwhile, Seraya has reached the halfway point for its $1.5 billion sophomore infrastructure fund, indicating continued investor confidence in the sector. The Japan Science and Technology Agency is also beginning to invest in infrastructure secondaries, signaling a growing appetite for varied infrastructure asset classes.

Real Estate Capital Markets and Strategy Shifts

The Los Angeles Fire and Police Pension system is reconsidering its allocation to niche real estate strategies as it reduces its exposure to public REITs, urging its managers to "get money to work" in the current market cycle. In the UK, major non-bank real estate lenders are participating in a Bank of England stress test of private markets, assessing their resilience to economic shocks. At Madison International, a multi-year succession plan has resulted in the elevation of two senior executives as future leaders, while three individuals have departed the secondaries manager.

Global Investor Interest and Partnerships

KB Securities, a South Korean investment bank, is actively seeking new partnerships with global general partners and limited partners, expressing openness to various cooperative structures. This follows a period where real estate managers are helping the Bank of England to shed light on private market dynamics, suggesting a broader trend of institutional engagement with alternative asset classes.