Industriens Pension, a significant investor in infrastructure secondaries, is considering increasing its allocation to this sub-asset class through external managers. Mikkel Kjaersgaard, head of infra funds, indicated the DKr278 billion ($43 billion) Danish pension scheme's preference for indirect investments in this growing area.

Infrastructure secondaries have gained considerable traction among institutional investors. Several prominent firms, including Allianz Global Investors, Manulife, and M&G, are reportedly exploring or increasing their commitments to this segment of the market. This trend highlights a broader interest in gaining exposure to mature infrastructure assets through the secondary market, offering potential diversification and attractive risk-adjusted returns.

The appeal of infrastructure secondaries lies in their ability to provide access to established, cash-flow-generating assets with a shorter duration than primary investments. This can be particularly attractive in the current economic climate, where investors are seeking more predictable income streams and managing duration risk. Industriens Pension's willingness to expand its indirect holdings suggests a strategic move to capitalize on these perceived benefits, leveraging the expertise of specialized external managers to navigate the complexities of the secondary market for infrastructure funds.