Blackstone Infrastructure Strategies (BXINFRA), a Blackstone-sponsored fund that seeks to provide qualified individual investors access to Blackstone’s premier infrastructure platform, has raised more than $1 billion, according to a recent SEC filing.
On Jan. 2, BXINFRA, which invests primarily in infrastructure equity, secondaries and credit strategies, sold unregistered limited partnership units of the fund for an aggregate consideration of more than $1 billion. This includes 786,000 Class I Units purchased by Blackstone Infrastructure Strategies Associates, the fund’s general partner, for aggregate consideration of approximately $19.7 million.
In connection with the fund’s first closing, a portion of the aggregate consideration used to purchase units on behalf of purchasing investors was contributed by the sponsor from its own resources.
BXINFRA’s sponsor, Blackstone, is the world’s largest alternative asset ma