In this episode, Infrastructure Investor editor-in-chief Bruno Alves sits down with Americas editor Zak Bentley to talk about the record fundraising year the asset class is having for unlisted, closed-end structures.

With $200 billion raised during the first nine months of the year – and a further $30 billion added to that since we published our fundraising report – 2025 has handily surpassed the heady years of 2021-22. What’s more, with one quarter to go, expect fundraising to climb to hitherto unimaginable heights.

Our discussion, then, hinges on how we got to this extraordinary moment for the asset class, what’s behind the headline figures, the continuing importance of time on the road in shaping the market, what fundraising in future years could look like, LP appetite and more.

This episode is sponsored by Fengate Asset Management and Arcus Infrastructure Partners

As a backlash against ESG gathers strength, particularly in the United States, it might be reasonable to assume that infrastructure managers are quietly retreating from their sustainability commitments.

While it is true that some managers are adjusting their language in how they talk about ESG and sustainability, we find that others are still eager to emphasise their importance to the asset class.

In this episode, Della Wang, director for responsible investment at Fengate Asset Management, and Neil Krawitz, partner and head of ESG and asset management at Arcus Infrastructure Partners, discuss how managers need to take a long-term view when it comes to sustainability. They agree that a key focus now needs to be on adaptation, as climate change forces managers to confront the reality of more frequent and extreme weather events.

This episode is sponsored by Antin Infrastructure Partners

The infrastructure market is constantly evolving, with technological advancements, environmental concerns and shifting economic and demographic trends bringing significant changes to the transport sector. So staying on top of a series of mega-trends – such as decarbonisation and digitalisation – can unearth exciting investment opportunities.

This episode focuses on key trends in the space and how investors can take advantage of them. Angelika Schöchlin, managing partner at Antin Infrastructure Partners, and Simon Soder, senior partner and head of the firm’s London office, cover everything from safety management infrastructure and high-speed rail to salmon farming, underlining the dynamic set opportunities within the transport sector.