I had 15 inbound calls last week - and every single one was missing this exposure.

Infrastructure.

Not the flashy, headline-grabbing stuff.

The businesses that quietly keep the world running.

Digital: data centers, cell towers, and fiber

Energy: utilities, midstream, and renewables

Transportation: ports, roads, and airports

These businesses don’t rely on consumer sentiment or ad spend.

Their revenues are often contracted, inflation-linked, and essential.

We’ve built exposure to some of the top infrastructure platforms in the world, including:

• The largest data center operators in the U.S. and Asia-Pacific
• The largest LNG export facility in the U.S.
• The largest independent renewables developer in North America
• The largest owner and operator of marinas in the U.S.
• The largest port operator in North America
• The #1 private jet terminal operator globally
• The largest toll road operator in the world

Why we love it:

• Predictable cash flows regardless of market cycles
• Inflation protection built into revenue models
• Tax-efficient yield that compounds steadily over time

Everyone’s chasing the next big winner at the application layer of AI,

but we’d rather invest down the stack - in the infrastructure it has to run on.

Because the families who’ll compound wealth most reliably over the next decade

will own the things the world can’t function without.