Blackstone closes US$14bn for Blackstone Infrastructure Partners Fund
Blackstone Infrastructure has held the final close of its inaugural fundraising phase for Blackstone Infrastructure Partners (BIP). Together with previously announced commitments, this closing brings total commitments for BIP to US$14 billion.
BIP is a permanent capital vehicle focused on investing across all infrastructure sectors, including transportation, energy (utilities, midstream, and renewables), communications and water and waste. Investors in BIP include a diverse mix of public and private pension plans, sovereign wealth funds, insurance companies, foundations, and family offices.
BIP was formed in 2017 with a US$20 billion long-term matching anchor commitment from the Public Investment Fund of Saudi Arabia.
Country updates
-
-
July 19, 2019
Qualifications submitted for utility system contract at University of Iowa
The University of Iowa in the USA has received a number of qualifications in response to the RFQ issued earlier. The university is planning to move ahead with the concession procedure and planning to...
Read more -
July 18, 2019
Louisiana Teachers invests US$50m in GIP IV
The Teachers’ Retirement System of Louisiana (TRSL) has invested a US$50 million commitment into Global Infrastructure Partners IV Fund, managed by Global Infrastructure Partners. The Fund...
Read more -
July 18, 2019
FTA to back USD5.5bn transit project in the USA
Federal Transit Administration (FTA) in the USA has announced that it will begin discussions with Santa Clara Valley Transportation Authority (VTA) regarding its participation in the Expedited Project...
Read more -
July 18, 2019
The Carlyle Group and VICO Infrastructure announces Partnership to Invest in U.S. Water Infrastructure
Global investment firm The Carlyle Group and large-scale infrastructure firm VICO Infrastructure Company (VICO) announced a partnership through which the firms will invest in water infrastructure proj...
Read more -
July 16, 2019
Callon Petroleum enters agreement with Carrizo Oil & Gas for the all-stock purchase
Callon Petroleum Company and Carrizo Oil & Gas, Inc. have entered into a definitive agreement under which Callon will acquire Carrizo in an all-stock transaction valued at US$3.2 billion...
Read more
