Preqin Quarterly Update: Infrastructure, Q3 2019
The Preqin Quarterly Update: Infrastructure Q3 2019 covers fundraising, funds in market, investors, deals and performance.
We find that investor sentiment is bearish, with only 19 funds raising an aggregate $8.4bn; this is significantly down on Q3 2018 when the industry secured $44bn across 29 unlisted funds, the highest quarterly total recorded during the past five years. However, with the two largest ever funds in market expected to close this year, 2019 could still top $100bn. Although competition is increasing, for both capital and transactions, and despite return compression in core markets, investor sentiment and appetite for the asset class remains robust.
The report keeps you updated on how infrastructure assets may prove an effective hedge against more cyclical sectors in the economy.