Panel: Do core++ and value-add strategies signify overstretched mandates or true market evolution?

As capital continues to crowd into established digital infrastructure asset classes, investors are increasingly testing adjacent sectors. But not every asset linked to AI, connectivity or cloud demand is infrastructure. As mandates, stretch, the real test will be whether these opportunities can develop the contractual resilience and downside protection to support infrastructure capital over the long term. This session will explore:

• What is driving the search beyond traditional assets? Are investors genuinely expanding the definition of ‘digital infrastructure’ or simply expanding because they have dry powder to deploy?
• Where are investors seeing the most credible digital infrastructure adjacencies?
• What characteristics make an adjacent asset underwritable as infrastructure rather than private equity?
• What do investment committees need to see before approving these investments? And which risks are most difficult for ICs to get comfortable with?
• Why have some of these adjacencies not attracted more infrastructure capital before now?
• Where are lenders willing to follow equity capital?
• Where will value be created next?