Sector Investment 24-Hour Briefing

Last updated: October 1, 2026, 10:05 PM ET

Infrastructure Investment

Sumitomo Mitsui Trust Bank closed its Japan Infrastructure No. 2 fund at ¥123bn, setting a new fundraising record for a Japanese domestic infrastructure vehicle. Fresno County pension expanded its $8bn infrastructure programme, focusing on middle-market, value-add debt and equity to avoid AI-driven exuberance. Both moves reflect growing institutional appetite for long-term, inflation-linked assets amid volatile public markets.