The 5 Themes, Data‑Backed & Fundraising‑Ready

1 — U.S. Housing Shortage Creates Real‑Estate Alpha 🏠

The U.S. still faces a deficit of 2–3 M homes, according to Harvard’s 2024 State of the Nation’s Housing report, which notes that listings remain near record lows and prices keep climbing (jchs.harvard.edu). Multifamily, senior living and workforce housing pipelines are expanding, while industrial and flex‑office assets show early signs of price discovery.

Investor Signal

• Structural supply gap = durable NOI growth.

• Federal tax credits and state‑level zoning reform accelerate build‑to‑rent economics.

Altss Edge

• Filter “LPs with real‑estate allocations >15 % & history in workforce housing.”

• Cross‑link builders, proptech VCs and municipal pension funds in one click.

2 — AI Spurs an Energy‑Infrastructure Boom ⚡️

Demand for AI‑ready data centres is compounding at 33 % CAGR through 2030; by then 70 % of capacity must handle advanced AI workloads (mckinsey.com). The IEA warns that data‑centre electricity consumption could rival that of mid‑sized nations by 2026 (iea.org). Result: a scramble for renewables, small‑modular nuclear, battery storage and grid interconnects.

Investor Signal

• IRA tax credits de‑risk capex for solar‑plus‑storage hybrids.

• Utilities pre‑sign 15‑year PPAs with hyperscalers—yield visibility = LP comfort.

Altss Edge

• Query “Infrastructure LPs deploying >$100 M tickets post‑IRA.”

• Surface family‑office syndicates backing small‑modular nuclear pilots.

3 — Private‑Equity Dealmaking Reignites 📈

Global PE deal value rebounded 14 % to $2 Tn in 2024, the third‑strongest year on record (mckinsey.com). Bain expects sponsor‑to‑sponsor and public‑to‑private (P2P) activity to accelerate in 2025 as rate cuts unlock financing (bain.com).

Investor Signal

• Valuations reset; operational value‑creation is back in vogue.

• Exit windows (IPOs, strategic sales) reopen as volatility subsides.

Altss Edge

• Live heat‑map of “M&A‑active LPs filing new co‑invest mandates.”

• Compare coverage: Altss shows 32 % more mid‑market LPs than legacy databases in U.S. buyouts.

4 — Secondaries Go Mainstream 🔄

Global secondary volume hit $112 B in 2023 and set fresh records in 2024, with GP‑led continuation vehicles topping $75 B (jefferies.com, jefferies.com). Liquidity‑hungry LPs and NAV‑financing needs mean secondaries are now embedded in portfolio strategy.

Investor Signal

• CVs allow GPs to crystalise carry, LPs to roll or exit.

• Pricing gaps narrow as bids approach 90–95 % of NAV.

Altss Edge

• One‑click list of “Secondary‑focused funds closing in last 18 mths.”

• Email deliverability >99 % thanks to continuous verification.

5 — Capital Investment Fuels Growth & Private Credit 💳

Private‑credit AUM surpassed $1.6 Tn in 2024 with dry powder north of $500 B (pitchbook.com). Direct‑lending yields still outpace broadly syndicated loans, and asset‑backed credit (infrastructure, real‑estate debt) attracts insurance capital. Meanwhile, growth‑equity cheques are writing the next AI, robotics and automation winners at post‑correction valuations.

Investor Signal

• Lenders secure covenants & equity kickers unseen since 2016.

• Growth funding resets from 20× ARR peaks to 8–12×—upside for new money.

Altss Edge

• Tag “LPs increasing private‑credit allocation ≥5 ppts YoY.”

• Download outreach list segmented by ticket size, geography, and risk tolerance.

🏁 2025 Playbook—From Theme to Term Sheet

1. Choose your narrative. Anchor your fundraise to one of the five secular shifts above.

2. Pull a precision LP list. Use Altss prompt “Alternative to Preqin for housing LPs”; export the CSV.

3. Outreach at scale. Sync with your outreach platform; personalise sequences automatically.

4. Close with confidence. Live email verification keeps bounce <1 %; GDPR/CCPA flags protect compliance.