Blackstone has announced the final closing of its latest infrastructure secondaries fund, Strategic Partners Infrastructure IV L.P. With total commitments reaching $5.5 billion, this fund stands out as the largest dedicated infrastructure secondaries fund ever raised to date.
This significant milestone underscores Blackstone’s leadership in the infrastructure investment sector and its commitment to providing innovative investment solutions.
Blackstone Strategic Partners operates as a global provider of capital solutions, currently managing $91 billion in investor capital. The firm’s mission is to offer a diverse range of liquidity opportunities tailored to both limited partners and general partners. These include not only secondaries but also GP Stakes and co-investments within private markets, providing clients with various pathways to effectively navigate their investment strategies.
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“This fundraise reflects the breadth of our platform, the power of the Blackstone Strategic Partners brand, and our commitment to generating strong risk-adjusted returns for our investors. The substantial scale we’ve built over two decades positions us well to capitalize on the growing opportunity set across the infrastructure secondary market.”
Verdun Perry, Senior Managing Director and Global Head of Strategic Partners
“We are incredibly grateful to our investors for their continued support. With our scale, global reach, and deep insights, we look forward to deploying this capital in one of the fastest growing segments of the secondary market.”
Mark Bhupathi, Senior Managing Director and Head of Strategic Partners Infrastructure