Stonepeak has acquired Boundary Street Capital, enhancing its digital infrastructure and private credit capabilities. Boundary Street, with over $700 million in capital commitments, specializes in SaaS and telecom investments. Meanwhile, Ares Management is nearing its $2 billion target for the Ares Secondaries Infrastructure Solutions III fund, aimed at infrastructure secondaries. UK Chancellor Rachel Reeves proposed merging local pension schemes into mega-funds for infrastructure investment. Additionally, Franklin Templeton hired a European infrastructure debt team, and Macquarie and Ferrovial sold AGS Airports to PSP Investments for £1.53 billion, marking a significant exit from their previous investment.