The continued maturation of institutional infrastructure investing is highlighted by the 2026 Institutional Infrastructure Allocations Monitor, published by Hodes Weill & Associates and Cornell University’s Brooks Center for Infrastructure. The report is based on responses from 142 institutional investors across 26 countries, representing more than $11.5 trillion in assets under management and approximately $590 billion in infrastructure investments.
For the first time since the survey began, more than half of respondents are at or above their target infrastructure allocations, reflecting successful portfolio buildout and slower distributions across private markets. Although demand remains strong, the pace of allocation growth is moderating. Average target allocations increased to 6.2 percent in 2026, up 30 basis points year-over-year and 110 basis points since 2023. Based on an estimated global institutional asset base of $147 trillion, this increase implies a
