In 2025, infrastructure fundraising surged to a record haul of more than $260 billion, eclipsing previous years and reshaping the capital‑raising landscape. The spike drew fresh capital into the market, prompting a reevaluation of how placement agents operate and compete for deals across global sectors.

Infrastructure Investor compiled its annual ranking of placement agents, covering the 2025 calendar year. The list now features new entrants alongside long‑standing firms that have sharpened their focus on conviction and relationship depth to secure commitments in a crowded field for institutional investors worldwide.

The influx of capital has intensified competition, pushing agents to accelerate deal timelines and refine due‑diligence processes. Firms that can close faster and demonstrate a clear track record are gaining market share, while newcomers must prove their ability to deliver value beyond traditional brokerage services.

For investors, the surge signals that infrastructure assets will continue to attract robust funding, but also that the role of placement agents is evolving into a more strategic partnership. Firms that adapt quickly will command higher fees and secure the most attractive deals in the coming years.