Infrastructure

Achieving scale in infra secondaries

The sub-asset class has been described as one of the most undercapitalised private market strategies – while estimates for future growth are high, there are structural elements to consider.

‘A buyer’s market’: AllianzGI’s growing focus on infra secondaries

Allianz Global Investors’ co-heads of infrastructure funds and co-investments Maria Aguilar-Wittmann and Tillman Mueller have identified ‘a lot of attractive opportunities’ in the market, which grew to $20bn-$25bn of volume in 2025.

Japan Science and Technology Agency begins to invest in infra secondaries

JST senior manager Keigo Yumino says the university endowment’s infrastructure portfolio is ‘fully diversified’ – but personnel shortages remain a challenge in building its direct investment capabilities.

CalPERS’ new alts head takes sophisticated approach to secondaries

Anton Orlich, architect of the US pension giant’s PE turnaround, will now also be responsible for its private credit, real estate, infrastructure and other alternative programmes.

Alecta’s infra buildout: secondaries offers ‘market beta’ in asset class

While the Swedish pension fund plans to double its infrastructure allocation to $4bn via external managers, it will not be seeking out secondaries, head of alternatives Jonas Nyquist outlines.

Seine Capital closes debut fund above target

The firm, which was founded by Mantra Investment Partners’ former head of secondaries, Fabrice Moyne, exceeded the vehicle’s target by 20%.

The CV blueprint expands

Secondaries Investor’s latest CV deal log shows activity broadening across segments, transaction types and asset classes.

The ‘tremendous tailwind’ behind infra secondaries’ growth

In this edition of Secondaries Investor’s Second Thoughts podcast, Macquarie Asset Management’s Wandy Hoh and Baird’s Jeremy Duksin discuss the rapid evolution of infra secondaries and share their expectations for future growth across both the LP-led and GP-led markets.

Secondaries Investor Q1 2026 CV Deal Log

Q1 saw 27 CVs close, with nine involving asset classes beyond private equity.

Evercore brings on senior infra secondaries talent from Campbell Lutyens

The senior managing director is Evercore’s latest joiner, with the investment bank also building a credit secondaries team in Europe and hiring an APAC head earlier this year.