Blackstone’s infrastructure business recorded $1.7bn (€1.5bn) in capital inflows during the first quarter of 2025, the manager reported during its earnings conference call.
According to sources familiar with the matter, the capital was placed into Blackstone Infrastructure Partners (BIP), the manager’s open-ended infrastructure fund.
With a 36% increase in assets under management year-over-year, BIP has grown its total assets under management to $60bn and has generated a 17% net annual return since its launch in 2017.
The fund’s investment sectors include a mix of energy, transportation, water, waste and communications assets located in either the US or Europe.
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