An infrastructure fund is a privately offered or publicly listed fund that invests directly or indirectly in infrastructure and associated industries. Examples of direct investments include the purchase of stocks and bonds through public markets, or project finance. Examples of indirect investment includes investment in private infrastructure funds or preexisting, publicly listed infrastructure funds and indexes. Definitions of "infrastructure" vary, but often include power plants, water and waste management systems, transportation systems, communications systems, and oil and gas pipelines. Definitions may also include healthcare and educational facilities. A study found that, in part due to the compensation structures and the duration of typical investments, infrastructure funds tend deliver returns worse than the overall market. In February 2023, Bloomberg reported that Preqin predicted some $1.87 trillion would be dedicated to infrastructure investments by 2026. References Infrastructure investment Private equity