Institutional capital is increasingly moving beyond traditional gateway markets, with investors taking a closer look at interior U.S. regions offering lower costs, demographic growth and evolving economic fundamentals. In an exclusive interview, John Budd, CEO of the Oklahoma Department of Commerce, discusses how markets like Oklahoma are gaining traction among allocators, the data points shaping underwriting decisions and the sectors attracting the most capital. He also addresses how diversification, infrastructure and energy capacity are strengthening the state’s investment profile, and what will determine whether current capital flows into these markets become a sustained, long-term trend.
Institutional capital is increasingly moving into so-called flyover markets. Is this a cyclical response to pricing pressure elsewhere, or a longer-term structural shift?
The push-pull dynamic of institutional capital flows is nothing new. Nor is t
