See who's investing in alternative assets.

Mitsubishi HC Capital and Brookfield Asset Management launched a joint venture to acquire and operate a diversified portfolio of 570 MW of contracted renewable energy assets across Europe (U.K., Spain, Sweden, Finland, France, Ireland) with a seed portfolio equity value of approximately EUR 400 million. The partnership combines Mitsubishi HC Capital's financial and investment expertise with Brookfield's asset management and operational capabilities, with plans to expand into Australia and pursue additional acquisitions in onshore wind, utility-scale solar, and battery energy storage.

Gulf sovereign wealth funds (Saudi PIF and Abu Dhabi's Mubadala) are shifting their technology and infrastructure investment strategy after early losses in speculative ventures like SoftBank's Vision Fund 1 and WeWork. The article suggests these major LPs are now positioning for significant returns in AI infrastructure, particularly data centers in the UAE, signaling a strategic pivot toward more tangible infrastructure assets.

Centre Street Partners, a lower middle-market PE firm, acquired Atlanta Deferred Exchange, a qualified intermediary facilitating 1031 tax-deferred exchanges, to launch Accretus, a real estate transaction services platform. The acquisition signals institutional appetite for consolidating fragmented real estate professional services businesses with technology-enabled operational improvements, with backing from a dozen real estate-focused LPs and family offices.