Having survived global disruptions, such as the pandemic, followed by high inflation and interest rates, the infrastructure market is proving itself resilient and attractive to investors, according to a report by Alex Leung, research and strategy, infrastructure, with UBS Asset Management, Real Estate & Private Markets.
The report, titled, “’The return of “animal spirits’ in infrastructure: Early signs of an infrastructure fundraising and dealmaking recovery in 2024,” which was published in the May issue of Institutional Investment in Infrastructure, examines what Leung calls the reignition of the fundraising-dealmaking engine. “In our industry, fundraising leads to deals, and deals lead to more fundraising. That mechanism, however, took a pause last year with 2023’s weak fundraising, which led to a slow year for deals,” says Leung. “With more than $300 billion of infrastructure dry powder, there is increasing urgency to deploy capital this y