1627 ET - The world will require an estimated $106 trillion in investments to meet its infrastructure needs in the next 14 years, according to McKinsey & Co. Capital is needed not only for "traditional assets such as roads, ports, bridges and power grids but also for the next generation of those assets, [as well as] data centers, charging stations, fiber-optic networks, and more," the consulting firm says. Private-market fund managers are stepping up, having raised a record of nearly $200 billion for infrastructure-focused strategies last year, as infrastructure is the asset class to which investors most want to increase allocations, McKinsey says. Such strategies, however, face hurdles such as longer holding periods, higher debt costs and rising asset prices, it adds. "The ability to drive value creation will become increasingly foundational." (luis.garcia@wsj.com; @lhvgarcia)
(END) Dow Jones Newswires
March 24, 2026 16:27 ET (20:27 GMT)
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