Private infrastructure has long been one of the steadier places to earn yield and one of the hardest to get into, with six-figure minimums and redemption windows that run for months. Tokenization brings these funds on-chain, not only democratizing access, but also offering enhanced yield to its holders. NGI+ LPs on Pendle are earning 34.8% APY on Partners Group's Next Generation Infra fund whose NAV grows at an annualized ~11.7%.