Alternatives

Hong Kong-based firm first began divesting its ownership interest in Cromwell with the sale of a 10.8% stake in May 2025.

Institutional appetite is gaining pace to allocate to sectors that have infrastructure characteristics, writes James Jacobs, head of real assets for Lazard’s private capital advisory group.

The New York-based manager, which traditionally sourced its capital from family offices, is also shifting its deployment focus to alternative sectors.

Investors’ embrace of digital infrastructure turned a niche sector into a booming frontier – and there is plenty of room left to grow.

President Donald Trump’s One Big Beautiful Bill Act will create additional headwinds for an already challenged sector.

What was once viewed as a ‘nuts’ strategy is now accounting for a growing share of fundraising and transaction activity.

Today’s billion-dollar proptech companies are not built on vanity metrics or market froth. They are grounded in traction, durability and purpose, writes Brendan Wallace, CEO and chief investment officer at Fifth Wall.

The importance of asset management has remained constant in a changing world, writes Isabelle Scemama, global head of AXA IM Alts.

The Sydney-based manager’s new subsidiary Health Wave Partners will invest in core-plus properties across the US.