Starlight Capital Completes Merger of Private Pools into Global Real Assets Trust

Starlight Investments Capital LP has successfully completed the mergers of its private pools into Global Real Assets Trust, as described in the joint management information circular dated May 30, 2025. The mergers were completed on October 3, 2025. The Trust aims to provide unitholders with cash distributions and long-term capital appreciation through exposure to real assets in the global real estate and infrastructure sectors. Starlight Capital is an independent Canadian asset management firm with over $1 billion in assets under management.

Starlight Investments Capital LP has successfully completed the mergers of its private pools into Global Real Assets Trust, as described in the joint management information circular dated May 30, 2025. The mergers were completed on October 3, 2025. The Trust aims to provide unitholders with cash distributions and long-term capital appreciation through exposure to real assets in the global real estate and infrastructure sectors. Starlight Capital is an independent Canadian asset management firm with over $1 billion in assets under management.

The Global Real Assets Trust will focus on providing investors with a diversified portfolio of global real estate and infrastructure assets. The Trust's strategy includes investments in logistics businesses, A.I. data centers, and other areas of mutual interest, reflecting the growing convergence between infrastructure and real estate, as exemplified by the boom in data centers that power artificial intelligence (A.I.) applications and models KKR Combines Infrastructure And Real Estate Businesses Worth $157 Billion^[2].

Private equity giant KKR & Co. (KKR) has been actively rebalancing its India portfolio through a series of capital market exits this year, including its exit from PNB Housing Finance and Hexaware Technologies' IPO. This trend underscores the growing interest in real estate and infrastructure investments, particularly in the wake of rising global temperatures and the increasing frequency of natural disasters KKR Combines Infrastructure And Real Estate Businesses Worth $157 Billion^[2].

The merger of Starlight's private pools into the Global Real Assets Trust is a significant step in the firm's strategy to provide investors with access to high-quality real assets. The Trust's focus on cash distributions and long-term capital appreciation aligns with the growing demand for income-generating investments in the real estate and infrastructure sectors.

As the global real estate and infrastructure sectors continue to evolve, the Global Real Assets Trust is well-positioned to capitalize on emerging opportunities. The Trust's diversified portfolio and experienced management team will be key factors in its success. Investors seeking exposure to these sectors should closely monitor the Trust's progress and consider it as a potential addition to their portfolios.