Wholesale Funds
Palisade’s wholesale feeder funds provide investors with the opportunity to gain exposure to a diversified portfolio of over 20 unlisted infrastructure assets in Australia and the US.
Both Palisade’s Feeder Infrastructure Trust (PFIT) and Palisade’s Unlisted Infrastructure Trust II (PUIT II) aim to provide investors with long-term capital growth and stable distributions.
| Palisade’s Feeder Infrastructure Trust (PFIT) | Palisade’s Unlisted Infrastructure Trust II (PUIT II) |
|---|---|
| Available on platforms | Direct investment only (including select platform access) |
| Monthly applications & liquidity | Available during periodic capital raises only & semi-annual liquidity |
| Fully funded / immediate deployment | Capital call structure (staged deployment) |
For more information on PFIT and PUIT II, download the respective fund documents below
Access to leading
mid-market infrastructure.
Experience and investment capability
Palisade is a leading mid-market infrastructure and real assets manager with $10bn in FUM and over 80 investment executives and technical specialists
Superior performance track record
Palisade has generated a net return of 9.6% p.a. (5.0% p.a. income) for PDIF investors* over the last 10 years, with a strong inflation correlation across the portfolio, low correlation to traditional asset classes and minimal drawdown during market downturns
* Returns as at 30 June 2026. Past performance is not a reliable indicator of future performance.
Aligned and independent
Palisade is majority owned by its team, ensuring a strong alignment of interests with investors. A minority stake is held by Pinnacle Investment Management Limited (Pinnacle).
Strong focus on sustainability
Palisade has a strong focus on sustainable investing underpinned by 5 SDG-aligned Priority Goals. More information on Palisade’s approach to sustainability can be found at palisadegroup.com/sustainability/
Invest in PFIT
For more information on PFIT, download the presentation and Information Memorandum. Click below to invest, or for further information please contact Pinnacle Investment Management.
Invest in PUIT II
For more information on PUIT, download the presentation and Information Memorandum. Click below to invest, or for further information please contact Pinnacle Investment Management.
A selection of assets in our portfolio
Sunshine Coast Airport is one of Australia’s largest regional airports and is the gateway to the Sunshine Coast and Noosa regions.
Intera Renewables is a leading 1.5GW renewable energy platform comprising four wind farms, two battery energy storage systems and one solar farm.
Port of Portland is a deep water seaport servicing Victoria and SA and in close proximity to the Green Triangle Region, an area abundant in natural resources.
Quantem is an independent owner and operator of bulk liquid storage facilities located at over 10 key ports across Australia and New Zealand.
Puresky is a US-based vertically integrated platform which develops, owns and operates US community solar, C&I and battery storage projects.
Gold Coast Light Rail PPP is a city shaping light rail system on the Gold Coast which has been operating since 2014 with ongoing regional expansion projects.
Quarterly reports
Research ratings and awards
Palisade’s Feeder Infrastructure Trust received a ‘Recommended’ rating from Zenith Investment Partners (December 2025)1 and Lonsec Research (April 2026)2, and a ‘Highly Recommended’ rating from Genium Investment Partners (June 2026)3.
Further information on our Ratings and Certifications can be found in the Disclaimer section.
In 2024, Palisade was awarded Emerging Manager of the Year at Money Management Australia’s 36th Annual Fund Manager of the Year Awards, in conjunction with research partner Lonsec.
Contact details
Pinnacle Investment Management Limited
Phone 1300 010 311
Email invest@pinnacleinvestment.com
Web www.pinnacleinvestment.com
Post Palisade’s Feeder Infrastructure Trust
C/ – Pinnacle Investment Management
PO Box R1313 Royal Exchange NSW 1225
Contact details
Pinnacle Investment Management Limited
Phone 1300 010 311
Email invest@pinnacleinvestment.com
Web www.pinnacleinvestment.com
Post Palisade’s Feeder Infrastructure Trust
C/ – Pinnacle Investment Management
PO Box R1313 Royal Exchange NSW 1225
Palisade Investment Partners Limited is a Corporate Authorised Representative (No. 312944) of Pinnacle Investment Management Limited, an Australian Financial Services Licensee (No. 322140). The information in this report is for general information only and has not been prepared for any specific wholesale investor. The information is not intended as an asset recommendation or statement of opinion intended to influence a person or persons in making a decision in relation to investment. Any opinions or forecasts reflect the judgment and assumptions of Palisade Investment Partners Limited and its representatives on the basis of information at the date of publication and may later change without notice. Palisade Investment Partners Limited does not warrant the accuracy, reliability or completeness of the information in this report and persons relying on this information do so at their own risk. Gross returns are calculated before allowing for fees paid to the manager, but are after transaction and other costs. Past performance is not a reliable indicator of future performance. The information provided in this report is not to be disclosed in whole or part or used by any other party without the prior written consent of Palisade Investment Partners Limited. Palisade Investment Partners Limited and its associates may have interests in financial products, and may receive fees from companies referred to during this communication. Palisade Investment Partners Limited | ABN 32 124 326 361
1Zenith Disclaimer
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (Palisade’s Feeder Infrastructure Trust (WHT1117AU) assigned May 2025) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at Fund Research Regulatory Guidelines
2Lonsec Disclaimer
The rating issued 12/2024 is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec). Ratings are general advice only, and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec assumes no obligation to update. Lonsec uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full report. © 2024 Lonsec. All rights reserved
3Genium Disclaimer
The Genium rating (assigned June 2026) presented in this document is issued by Genium Investment Partners Pty Ltd ABN 13 165 099 785, which is a Corporate Authorised Representative of Genium Advisory Services Pty Ltd ABN 94 304 403 582, AFSL 246580. The Rating is limited to “General Advice” (s766B Corporations Act 2001 (Cth)) and has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without notice. Past performance information is for illustrative purposes only and is not indicative of future performance. It is not a recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision in relation to this financial product(s). Genium receives a fee from the Fund Manager for researching and rating the product(s). Visit Geniumip.com.au for information regarding Genium’s Ratings methodology.
