The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ADT Inc Common Stock 00090Q103 9,706,014 1,114,353 SH DFND 1,114,353 0 0
American Tower Corp REIT 03027X100 60,240,586 313,231 SH DFND 313,231 0 0
American Water Works Co Inc Common Stock 030420103 50,204,024 360,687 SH DFND 360,687 0 0
Apollo Global Management Inc Common Stock 03769M106 87,899,961 659,563 SH DFND 659,563 0 0
ArcBest Corp Common Stock 03937C105 10,304,148 147,476 SH DFND 147,476 0 0
Ares Capital Corp Common Stock 04010L103 36,067,613 1,767,154 SH DFND 1,767,154 0 0
Ares Management Corp Common Stock 03990B101 57,835,890 361,723 SH DFND 361,723 0 0
Atmos Energy Corp Common Stock 049560105 46,390,897 271,689 SH DFND 271,689 0 0
Blackstone Inc Common Stock 09260D107 53,770,083 314,721 SH DFND 314,721 0 0
Blue Owl Capital Inc Common Stock 09581B103 32,846,824 1,940,155 SH DFND 1,940,155 0 0
Brookfield Corp Common Stock 11271J107 66,422,850 968,546 SH DFND 968,546 0 0
Canadian National Railway Co Common Stock 136375102 28,876,917 307,025 SH DFND 307,025 0 0
Clarivate PLC Common Stock G21810909 97,983,116 25,583,059 SH DFND 25,583,059 0 0
CMS Energy Corp Common Stock 125896100 39,168,019 534,644 SH DFND 534,644 0 0
Crown Castle Inc REIT 22822V101 24,380,225 252,671 SH DFND 252,671 0 0
CSX Corp Common Stock 126408103 33,923,520 955,323 SH DFND 955,323 0 0
Enbridge Inc Common Stock 29250N105 14,479,358 287,766 SH DFND 287,766 0 0
Energy Transfer LP MLP 29273V100 442,900 25,810 SH DFND 25,810 0 0
Enterprise Products Partners L MLP 293792107 604,261 19,324 SH DFND 19,324 0 0
Equinix Inc REIT 29444U700 35,320,991 45,096 SH DFND 45,096 0 0
Ferrovial SE Common Stock N3168P101 28,490,820 498,563 SH DFND 498,563 0 0
Kinder Morgan Inc Common Stock 49456B101 5,694,500 201,148 SH DFND 201,148 0 0
KinderCare Learning Cos Inc Common Stock 49456W105 540,620,407 81,418,736 SH DFND 81,418,736 0 0
KKR & Co Inc Common Stock 48251W104 55,853,550 429,808 SH DFND 429,808 0 0
Life Time Group Holdings Inc Common Stock 53190C102 7,666,645 277,777 SH DFND 277,777 0 0
NeueHealth Inc Common Stock 10920V404 591,262 88,645 SH DFND 88,645 0 0
NU Holdings Ltd/Cayman Islands Common Stock G6683N103 76,794,943 4,796,686 SH DFND 4,796,686 0 0
Old Dominion Freight Line Inc Common Stock 679580100 20,007,231 142,117 SH DFND 142,117 0 0
Pembina Pipeline Corp Common Stock 706327103 373,824 9,270 SH DFND 9,270 0 0
Republic Services Inc Common Stock 760759100 44,651,989 194,579 SH DFND 194,579 0 0
SBA Communications Corp REIT 78410G104 24,130,467 124,802 SH DFND 124,802 0 0
Sempra Common Stock 816851109 33,836,259 376,042 SH DFND 376,042 0 0
TC Energy Corp Common Stock 87807B107 22,968,580 423,545 SH DFND 423,545 0 0
TPG Inc Common Stock 872657101 27,618,513 480,740 SH DFND 480,740 0 0
Union Pacific Corp Common Stock 907818108 44,130,515 186,701 SH DFND 186,701 0 0
Waste Management Inc Common Stock 94106L109 33,258,323 150,606 SH DFND 150,606 0 0
Williams Cos Inc/The Common Stock 969457100 41,483,417 654,829 SH DFND 654,829 0 0
XPO Inc Common Stock 983793100 6,013,123 46,516 SH DFND 46,516 0 0