Insight/Out #39 features a cover story with Johann Dumas, Funds Chief Financial Officer and Head of the Luxembourg office at Antin Infrastructure Partners, exploring the growing strategic importance of infrastructure, the structural trends driving investment across energy, transport, digital and social infrastructure, and Luxembourg’s role as a long-term hub within Antin’s global platform.
This edition also examines the institutionalisation of art as an alternative asset, rent-to-own housing strategies, content IP as a new source of private market returns, Web3 funds and digital assets, as well as opportunities in the space economy, infrastructure debt, lower mid-market private equity and secondaries. It further looks at ELTIF developments, AI economics in Luxembourg fund services, technology-enabled AML, sustainability risk monitoring, and the operational and regulatory innovations shaping the future of private markets.
Enjoy your read!
The LPEA Team
Content:
Cover Story: Investing in What the World Runs On by Antin Infrastructure Partners
- Institutionalisation of Art as an Alternative within Alternative Assets by Arte Collectum
- The Deposit Gap by Crayon Partners
- Content IP: A Different Engine for Private Market Returns by IPR.VC
- Web3 Funds: Building an Institutional Bridge Between Private Equity and Digital Assets by 6 Monks and NextBlock VC
- Space Is Growing Up: Why Specialist Capital Wins in the New Space Economy by NewSpace Capital
- Where Does the Real Value of AI Lie for European SMEs? by Argos Fund
- Infrastructure Debt: An Outsized Contribution in a Dislocated World by CapMam
- Why Smaller Secondary PE Managers Generate Superior Returns by Jera Capital
- Why the Lower Mid-Market Is Emerging as One of Private Equity’s Most Resilient Segments by MPEP
- Six Private Equity Vintages: Two Decades of Partnership Between Union Investment and Sagard by Union Investment Luxembourg
- Pre-marketing for Asian Investment Fund Managers: How to Access European Capital by Simmons & Simmons
- The ELTIF Market is Entering a New Phase. Will Luxembourg Maintain its Front-Row Seat? by FE fundinfo
- Keystone.lu: Realizing Luxembourg’s Shared Market Utility, Together by Governance.com
- The Signature Test: What AI Can and Cannot Do in a Fund Administration Back Office by Value Partners
- The Build Decides The Bill: AI Economics In Luxembourg Fund Services by Aztec Group
- From Box-ticking to Real Risk Work: Why AML Needs Technology to Free Humans for Judgment by Cascade and Vlerick Business School
- LPEA and ALCO Join Forces on a Dedicated AIFM Compliance Certification by LPEA and ALCO
- Closing the Gap: The New Standard for Sustainability Risk Monitoring in Private Equity by Arendt and AlphaYoda
- Expanding in Luxembourg Through Strategic Acquisitions by Hawksford
- LPEA Directors & Governance Day 2026: Regulation, Secondaries, Continuation Funds & AI by LPEA INED Club
- The Financial Information Working Group: Structuring Dialogue, Delivering Practice by LPEA Financial Information Working Group
- Crafting Haute Horlogerie from Luxembourg by LPEA
The LPEA team would like to thank all the contributors and the sponsors of Insight/Out Magazine.

