Infrastructure underlies modern societies, providing essential services such as transportation, energy, water, and communication. However, public and private investment in infrastructure is not keeping pace with growing demand in a dynamic world nor with what is required to maintain a good state-of-repair. Where public investment is falling short, the unique risk-returns characteristics of infrastructure are increasingly attracting private capital. In a rapidly growing market of institutional investment in infrastructure, there is a need for comprehensive market research on changing trends. Hodes Weill & Associates and the Cornell Program in Infrastructure Policy have partnered to develop the first annual report on institutional allocations to infrastructure. This professional report shares the preliminary findings of this research, indicating a strong investor sentiment towards infrastructure, intentions to increase infrastructure allocations, and preferences by sector, region, and strategy. This report also documents the methodology employed to inform future editions of the Institutional Infrastructure Allocations Monitor.