EQT’s continuation fund is in market, while Luxcara nears a €1 billion close for its fifth fund. Separately, Aware Super has become the latest investor in Vantage APAC, signaling continued institutional appetite for infrastructure assets.

These developments reflect a robust pipeline for infrastructure funds. Continuation funds allow sponsors like EQT to hold and manage assets longer, providing liquidity for limited partners. Luxcara’s fundraising demonstrates sustained European investor confidence in renewable energy and digital infrastructure.

Aware Super’s move into Vantage APAC aligns with Australian superannuation funds’ global diversification strategies. The deals underscore a competitive landscape for capital deployment. Investors will watch for final closes and how these funds deploy capital into energy transition and digital backbone projects.