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Independent Intelligence on Infrastructure Capital
Thursday, August 20, 2026The Morning Brief →Sign in
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Kimberly Flynn

In PWD coverage since August 18, 2026 · 3 stories
PWD coverage
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Semi-liquid funds add $61B in 2025 as sponsors pile in

XA Investments' quarterly update counts 308 funds and $233 billion in net assets, with first-time sponsors behind 36% of 2025 launches.
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