BlackRock announced the final close of its Global Energy & Power Infrastructure Fund III at $5.1 billion, making it the largest alternative investment fundraise in the firm’s history.
BlackRock CEO Laurence Fink reported to shareholders that the firm had one of its best quarters in illiquid alternative fundraisings ever, generating $7 billion in new flows and commitments in the first quarter of this year.
The $7 trillion firm’s alternative investment arm, BlackRock Alternative Investors, includes real estate, infrastructure, private equity, credit, hedge funds and alternative solutions strategies.
BlackRock’s two . . .
Continue Reading
Unlock this article instantly, along with the rest of our premium content and daily, weekly and monthly newsletters. We offer pay-as-you-go monthly subscriptions and discounted annual subscriptions with additional benefits: access to Alternatives Watch Research articles and our Annual Investor Compendium.
