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BlackRock Real Assets has completed the first close of its latest energy and power infrastructure fund, Global Energy Power Infrastructure Fund III (“GEPIF III”). GEPIF III focuses on equity investments in the mid-market energy and power infrastructure value chain primarily in developed countries. GEPIF III has secured US$1.5 billion in commitments from prominent institutional investors in North America, Middle East, Europe and Asia, subject to certain post-closing conditions.
This first close marks an important milestone for the fund and for BlackRock Alternative Investors, which offers clients comprehensive alternative investing capabilities from real assets to private credit, private equity and hedge fund solutions. Capitalising on investment opportunities...
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