Every quarter, SIPA's Index Committee publishes a full report for each benchmark — sector and geographic composition, return drivers, top performers, and index governance changes. This page pulls the public highlights from each report into a dashboard, so you can scan the quarter's numbers before deciding which full report to download.

This is the inaugural edition, covering the quarter ended 30 June 2026 (June 2026 release). Some analysis in the full PDF reports — valuation driver attribution, cost-of-equity detail, and the constituent watchlist — is reserved for clients; get in touch below for full access.

Private Equity

private2000® Market Index

The private2000® index was broadly flat in Q2 2026, up 0.07% (VW USD), pausing after a solid first quarter. Five of ten sectors were positive, led by Transportation, Real Estate & Construction and Health.

Q2 2026 · June release PDF
Q2 2026 return
+0.07%
VW USD, total return
Trailing 12 months
+10.28%
VW USD, total return
EV / Sales
1.68x
unchanged from Q1 2026
EV / EBITDA
15.12x
mean; 13.10x median

Sector weight (PECCS® industrial activity)

Info & communication
21.8%
Professional services
19.9%
Natural resources
12.4%
Manufacturing
12.1%
Retail
10.8%
Health
7.5%
Hospitality & ent.
5.0%
Transportation
4.1%
Real estate & constr.
3.9%
Education & public
2.2%

Weights, per cent of index market value, as of 30 June 2026. Financials (0.2%) excluded.

Geographic allocation

United States
47.4%
Other markets (15)
8.9%
Japan
6.3%
Germany
6.0%
United Kingdom
5.6%
China
4.3%
France
3.6%
South Korea
3.4%

Plus six further markets, each ≤3.1%: Canada, Australia, Italy, Spain, Netherlands, Taiwan. Weights as of 30 June 2026.

Index level (rebased to 100, June 2013)

VW LCU541.1
VW USD470.9
EW USD250.1

Total-return index levels, rebased to 100 at 30 June 2013, quarter-end observation as of 30 June 2026.

Cash vs. price return, Q2 2026 (bp)

Cash return
+78
Price return
−71

Contribution to Q2 2026 total return, VW USD, basis points.

Return by industrial activity, Q2 2026

SectorWeightQ2 20265-yr ann.10-yr ann.
Transportation4.1%4.65%−0.03%9.81%
Real estate & construction3.9%3.99%1.57%9.45%
Health7.5%3.62%2.28%5.96%
Natural resources12.4%0.83%6.00%18.31%
Info & communication21.8%0.10%3.27%13.64%
Education & public2.2%−0.35%−2.82%6.59%
Professional services19.9%−0.36%2.70%11.74%
Manufacturing12.1%−1.36%2.71%12.80%
Retail10.8%−2.61%−0.21%3.79%
Hospitality & entertainment5.0%−2.78%−3.65%3.41%

Source: SIPA privateMetrics®, private2000® Market Index, as of 30 June 2026. Five- and ten-year returns are annualised figures; Financials (0.2% weight) excluded. Figures are quarterly-report highlights, not investment advice; full commentary, methodology and risk-factor attribution are in the downloadable PDF.

Infrastructure Equity

infra300® Market Index

Transport, Renewable Power and Network Utilities led performance in Q2 2026, and all eight TICCS® sectors contributed positively — capital growth, not cash income, drove the quarter.

Q2 2026 · June release PDF
Q2 2026 return
+4.44%
EW LCU, total return
Year to date
+6.53%
local currency, equal weights
5-yr annualised
11.30%
EW LCU, to 30 Jun 2026
Market cap
USD 443bn
up USD 14bn on the quarter

TICCS® industrial activity

Transport
26.0%
Renewable power
21.7%
Network utilities
16.7%
Energy & water
9.0%
Power gen. ex-ren.
8.3%
Social infrastructure
7.7%
Data infrastructure
6.0%
Environmental svc.
4.7%

Geographic allocation

Europe
67.7%
Oceania
13.7%
Americas
10.7%
Asia
8.0%

Weights, per cent of index constituents, as of 30 June 2026.

Return contribution by sector, Q2 2026 (pp)

Transport
1.17
Renewable power
0.88
Network utilities
0.78
Energy & water
0.43
Power gen. ex-ren.
0.36
Social infrastructure
0.34
Data infrastructure
0.30
Environmental svc.
0.17

Contribution to quarterly total return, percentage points; bars scaled to the largest contributor.

Cash & price return contribution (pp)

Quarter-on-quarter

Price return
+3.66
Cash return
+0.78

Year-on-year

Price return
−0.89
Cash return
+9.52

Top performers, Q2 2026

CompanySectorCountryTotal return
Wellington ElectricityNetwork utilitiesNZL10.66%
Wellington International AirportTransportNZL10.29%
Auckland South Corrections Facility (Wiri Prison)Social infrastructureNZL8.74%
Singapore 1 Data CentreData infrastructureSGP8.33%
50Hertz Transmission GmbHNetwork utilitiesDEU8.29%

Source: SIPA infraMetrics®, infra300® Market Index, as of 30 June 2026. Figures are quarterly-report highlights, not investment advice; full commentary, methodology and governance detail are in the downloadable PDF.

Infrastructure Equity

infra100® Market Index

Transport and Network Utilities led sector contributions in Q2 2026; price returns of 3.35pp outpaced cash income of 0.60pp for the quarter.

Q2 2026 · June release PDF
Q2 2026 return
+3.95%
EW LCU, total return
Year to date
+6.17%
local currency, equal weights
5-yr annualised
13.94%
EW LCU, to 30 Jun 2026
Market cap
USD 218bn
up USD 8bn on the quarter

TICCS® industrial activity

Transport
28.0%
Network utilities
24.0%
Renewable power
22.0%
Social infrastructure
8.0%
Energy & water
5.0%
Data infrastructure
5.0%
Power gen. ex-ren.
4.0%
Environmental svc.
4.0%

Geographic allocation

Europe
50.0%
Americas
36.0%
Oceania
8.0%
Asia
6.0%

Weights, per cent of index constituents, as of 30 June 2026.

Return contribution by sector, Q2 2026 (pp)

Transport
1.17
Network utilities
0.91
Renewable power
0.77
Social infrastructure
0.34
Data infrastructure
0.26
Energy & water
0.19
Power gen. ex-ren.
0.18
Environmental svc.
0.13

Contribution to quarterly total return, percentage points; bars scaled to the largest contributor.

Cash & price return contribution (pp)

Quarter-on-quarter

Price return
+3.35
Cash return
+0.60

Year-on-year

Price return
+1.16
Cash return
+9.52

Top performers, Q2 2026

CompanySectorCountryTotal return
Singapore 1 Data CentreData infrastructureSGP8.33%
Open Grid Europe TopCoEnergy and water resourcesDEU–NLD8.01%
Nexus HospitalsSocial infrastructureAUS7.33%
Melbourne AirportTransportAUS7.30%
Supernap Italia Data CenterData infrastructureITA7.03%

Source: SIPA infraMetrics®, infra100® Market Index, as of 30 June 2026. Figures are quarterly-report highlights, not investment advice; full commentary, methodology and governance detail are in the downloadable PDF.

Renewable Infrastructure

infraGreen® Market Index

Wind and solar assets drove infraGreen returns in Q2 2026 — more than double the previous quarter — with wind power contributing 2.61pp and solar 1.29pp to total return.

Q2 2026 · June release PDF
Q2 2026 return
+3.93%
EW LCU, total return
Year to date
+5.94%
local currency, equal weights
5-yr annualised
9.89%
EW LCU, to 30 Jun 2026
Market cap
USD 16.8bn
up USD 518m on the quarter

Sector composition

Wind power gen.
66.0%
Solar power gen.
33.0%
Hydroelectric
1.0%

Geographic allocation

Europe
84.0%
Oceania
7.0%
Americas
5.0%
Asia
4.0%

Weights, per cent of index constituents, as of 30 June 2026.

Return contribution by sector, Q2 2026 (pp)

Wind power gen.
2.61
Solar power gen.
1.29
Hydroelectric
0.03

Contribution to quarterly total return, percentage points; bars scaled to the largest contributor.

Cash & price return contribution (pp)

Quarter-on-quarter

Price return
+3.63
Cash return
+0.30

Year-on-year

Price return
−0.16
Cash return
+10.03

Top performers, Q2 2026

CompanySectorCountryTotal return
Bluff Point Wind Farm (Woolnorth)Wind power generationAUS6.83%
Beijing Jingneng Clean Energy (Australia)Wind power generationAUS6.76%
Skogberget Wind FarmWind power generationSWE6.71%
Overturingen Wind FarmWind power generationSWE6.68%
Parque Solar PuertollanoSolar power generationESP6.66%

Source: SIPA infraMetrics®, infraGreen® Market Index, as of 30 June 2026. Figures are quarterly-report highlights, not investment advice; full commentary, methodology and governance detail are in the downloadable PDF.

Infrastructure Debt

infra300® Debt Index

Private infrastructure debt returned 2.11% in Q2 2026, reversing the −0.64% recorded in Q1, as easing yields and tighter spreads restored price support alongside stable cash income.

Q2 2026 · June release PDF
Q2 2026 return
+2.11%
EW LCU, total return
Trailing 12 months
+2.91%
vs. +3.19% in Q1 2026
Index yield
5.04%
−18bp over the quarter
Debt outstanding
USD 104.2bn
up USD 1.6bn on the quarter

TICCS® industrial activity

Transport
40.8%
Network utilities
32.6%
Renewable power
9.4%
Social infrastructure
5.4%
Environmental svc.
4.5%
Energy & water res.
3.1%
Power gen. ex-renew.
2.3%
Data infrastructure
2.0%

Weights, per cent of debt market value outstanding, as of 30 June 2026.

Maturity bucket

5–10 years
33.1%
0–5 years
26.6%
10–15 years
17.3%
20+ years
13.6%
15–20 years
9.4%

Governance & business model

Corporate
57.8%
Regulated
44.2%
Project finance
42.2%
Contracted
32.9%
Merchant
23.0%

Return contribution by sector, Q2 2026 (pp)

Network utilities
0.85
Transport
0.80
Renewable power
0.15
Social infrastructure
0.11
Environmental svc.
0.09
Energy & water res.
0.04
Power gen. ex-renew.
0.04
Data infrastructure
0.03

Contribution to quarterly total return, percentage points; bars scaled to the largest contributor.

Trailing 12-month cash & price return (pp)

Q1 2026 · total +3.19%

Price return
−0.82
Cash return
+4.01

Q2 2026 · total +2.91%

Price return
−1.15
Cash return
+4.06

Top performers, Q2 2026

InstrumentSectorCountryTotal return
Flughafen Hamburg GmbH · 93.5Y at originationTransportDEU5.25%
Victoria Power Networks · 49Y at originationNetwork utilitiesAUS4.58%
Victoria Power Networks · 49Y at originationNetwork utilitiesAUS4.58%
Victoria Power Networks · 46Y at originationNetwork utilitiesAUS4.55%
Victoria Power Networks · 42Y at originationNetwork utilitiesAUS4.54%

Bottom performers, Q2 2026

InstrumentSectorCountryTotal return
Sabine Pass Liquefaction, LLC · 10Y at originationEnergy & water res.USA0.71%
Sabine Pass Liquefaction, LLC · 20Y at originationEnergy & water res.USA0.72%
Spower Opco A, LLC · 15Y at originationRenewable powerUSA0.74%
PacificLight Power Pte Ltd · 5Y at originationPower gen. ex-renew.SGP0.77%
Elizabeth River Crossings OpCo, LLC · 19.25Y at originationTransportUSA0.81%

Source: SIPA infraMetrics®, infra300® Debt Index, as of 30 June 2026. Bottom performers still posted positive returns this quarter, reflecting the broad market recovery. Figures are quarterly-report highlights, not investment advice; full commentary, methodology and credit-risk detail are in the downloadable PDF.

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