The blurring of private equity, infrastructure and real estate

What is driving the convergence of asset classes, and how are traditional risk-return profiles being redefined as these sectors overlap? What does this evolution mean for traditional infrastructure investment models? These are a few of the questions Geraldine Barlow, managing director and head of infrastructure at Affinius Capital, tackles in conversation with Kali Arevalo, editor of Institutional Investing in Infrastructure. (11/2025)