Private infrastructure—things like toll roads, utilities, and digital networks—can be a compelling “core-alternative” investment rather than a niche add-on. Private infrastructure assets generally produce predictable, long-term cash flows, supported by stable demand and often regulated pricing, which helps shield investors from market cycles. 

Because revenues tend to rely more on usage fees and long-term contracts than on economic growth, these assets can act as a hedge against inflation and equity volatility. 

Combining private infrastructure with traditional stocks and bonds can increase diversification and improve portfolio resilience, especially when public markets are unstable. For investors willing to accept lower liquidity in exchange for stable income and downside protection, private infrastructure offers a unique risk/return profile. 

Finsum: If traditional 60/40 portfolios feel too fragile, private infrastructure may be one of the closest things to a “stable core” available outside mainstream bonds and equities.