Sector Investment 24-Hour Briefing

Last updated: March 13, 2026, 7:31 PM ET

Infrastructure & Energy

California's MCERA pension fund launched an RFP for investment consulting services as it seeks to optimize its $45 billion portfolio amid shifting market conditions. Meanwhile, OpenAI CEO Sam Altman expressed concerns about short-term power generation capacity for AI infrastructure buildout, warning that "we will figure out how to build huge amounts of power generation" but remains worried about near-term bottlenecks. The comments came as energy demands from data centers continue to strain regional grids across major tech hubs.

Real Estate & Investment Banking

Savills completed its $921 million acquisition of Eastdil Secured, a move that will expand its U.S. market presence and accelerate plans to offer clients investment banking services. The deal positions Savills to compete more directly with CBRE and JLL in the high-stakes commercial real estate advisory space, particularly for large-scale transactions and capital markets activities.

Private Markets & Credit

PIMCO Prime Real Estate's François Trausch forecast fierce competition in Europe's evolving real estate credit market heading into 2026, as institutional investors seek higher yields in a low-rate environment. The outlook comes as private credit funds continue deploying record capital, with real estate financing emerging as a key battleground for yield-hungry investors looking to capitalize on post-pandemic market dislocations.