Sector Investment 24-Hour Briefing

Last updated: October 1, 2026, 2:07 PM ET

Infrastructure Fundraising

Sumitomo Mitsui Trust Bank has hit a ¥123bn final close for its second Japanese infrastructure fund, setting a new fundraising record for a domestic vehicle. Meanwhile, Fresno County’s $8bn pension is expanding its infrastructure programme while deliberately avoiding AI-driven exuberance, favoring middle-market, value-add, and debt strategies.

Manager Performance

The II Alpha 30 ranking aims to distinguish manager skill from market tailwinds, identifying infrastructure’s top alpha generators. A companion analysis of the A-Team further highlights which managers consistently create value above broader sector returns.