Advisors Asset Management and Wilshire have launched the AAM Wilshire Infrastructure Fund. Sun Life has committed $150 million of seed capital.
The fund is structured as an interval fund, a vehicle that offers periodic repurchase opportunities rather than daily liquidity. That structure allows a portfolio of long-dated infrastructure assets to be held without the redemption pressure a daily-dealt fund would face.
The launch continues the movement of institutional private market strategies into wealth channels. Minimums fall, administration is simplified, and access widens — while the underlying assets remain illiquid.
That trade-off is the point investors should focus on. Periodic liquidity is a feature of the wrapper, not of the assets, and repurchase windows can be limited when many holders seek liquidity at once.
For family offices, the relevant comparison is between an interval fund and direct or fund-level participation with a longer lock-up and, typically, different fee terms.
Infrastructure allocation and access routes are discussed across the UKFOS Oxford 2026 programme.
UKFOS Editorial · 19 AUGUST 2026