Oct 1, 2024 · The combined infrastructure platform will be branded Global Infrastructure Partners (GIP), a part of BlackRock. GIP will continue to be led by Bayo Ogunlesi and the Office of the Chairman. With approximately $170 billion in AUM, the platform will field a 600-person strong global team that manages a diversified portfolio of more than 300 active ...

Jan 12, 2024 · The combination of GIP with BlackRock’s highly complementary infrastructure offerings creates a comprehensive global infrastructure franchise with differentiated origination and asset management capabilities.

NEW YORK, January 12, 2024 – BlackRock, Inc. (NYSE: BLK) and Global Infrastructure Partners (“GIP”), a leading independent infrastructure fund manager, jointly announce that they have entered into an agreement for BlackRock to acquire GIP for total consideration of $3 billion of cash and approximately 12 million shares of BlackRock common ...

Jan 12, 2024 · BlackRock has struck a deal to buy Global Infrastructure Partners for more than $12.5bn in cash and stock, a move that will substantially boost the $10tn money manager’s footprint in...

Oct 2, 2024 · BLK acquires Global Infrastructure Partners, creating a multi-asset class infrastructure investing platform with a combined client AUM of more than $150 billion.

Oct 9, 2024 · Recently, BlackRock (BLK, Financial) announced that it has completed the acquisition of Global Infrastructure Partners (a private company), marking a strategic expansion in its infrastructure...

Jan 12, 2024 · BlackRock, the world's biggest asset manager, announced Friday it is buying Global Infrastructure Partners for about $12 billion in cash and stock. The acquisition is part of the firm's...

Jan 12, 2024 · BlackRock, the world's largest asset manager, on Friday announced a $12.5 billion agreement to acquire Global Infrastructure Partners. Why it matters: This appears to be the richest acquisition ever of a private equity firm, even if BlackRock views GIP as more of an infrastructure owner/operator than a traditional PE shop.

Jan 16, 2024 · The deal combine’s GIP’s $100 billion in assets under management, the largest global independent infrastructure manager by AUM, and its energy, transport, water, waste and digital infrastructure focused portfolio with BlackRock’s $50 billion infrastructure platform.

Jan 12, 2024 · BlackRock is buying Global Infrastructure Partners for approximately $12.5 billion. The acquisition will help BlackRock expands its focus on infrastructure, and is expected to close in the...