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Behind the Money

Best Of: BlackRock goes all in on infrastructure

Jul 3, 2024
Brooke Masters and Antoine Gara discuss BlackRock's game-changing acquisition of Global Infrastructure Partners, explaining the significance of the deal for Wall Street. They delve into the evolution of private investments, highlighting the shift towards mainstream finance and the implications for the private capital industry.
17:54

Podcast summary created with Snipd AI

Quick takeaways

  • BlackRock's acquisition of Global Infrastructure Partners aims to bolster their presence in private capital and signal a significant move in the industry.
  • GIP's infrastructure investments offer stable returns due to long-term customer agreements, contrasting higher-risk private equity investments and shaping the private capital sector.

Deep dives

BlackRock's Diverse Assets and Recent Acquisition

BlackRock is a massive asset management firm with $10 trillion in assets under management. While known for traditional index funds, they are expanding into alternative assets like private credit and infrastructure. BlackRock's acquisition of Global Infrastructure Partners for $12.5 billion aims to bolster their presence in private capital and signals a significant move in the industry.

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