Blackstone Closes Record $5.5 Billion Infrastructure Secondaries Fund
Blackstone has finalized its largest infrastructure secondaries fund to date, securing $5.5 billion for Strategic Partners Infrastructure IV L.P. The fund underscores the firm's dominance in a rapidly expanding market segment.
Verdun Perry, Blackstone's Global Head of Strategic Partners, attributes the successful raise to the platform's scale and brand power. "Our two-decade track record positions us to capitalize on infrastructure secondary opportunities," Perry stated.
Mark Bhupathi, Head of Strategic Partners Infrastructure, emphasized the team's readiness to deploy capital. "With global reach and DEEP market insights, we're positioned to lead in this high-growth sector," Bhupathi noted.