While diversification remains a primary motivation for LP asset allocation (68 percent), more than one-half of the LPs we surveyed place expected return improvements (52 percent of LPs, an As the infrastructure sector matures and investors seek higher returns, they are increasingly In fact, most infrastructure fundraising occurred in the value-added and core-plus categories, which grew approximately 30 percent and 390 percent, respectively; core, by contrast, declined investments may include greenfield and brownfield projects, as well as the acquisition of assets that require turnarounds or stronger operating capabilities. Investing in these strategies can private capital is decidedly moving toward those and other less traditional areas. more capital and strategically pivot toward bigger, more sophisticated transactions. Moreover, deal theses are broadening as GPs respond to LPs' needs. 1o selected increase* in infrastructureforthe next 12 months.