Blackstone Strategic Partners Closes Largest Infrastructure Secondaries Fund Ever Raised at $5.5 Billion

Blackstone has closed $5.5 billion for its latest infrastructure secondaries fund, Strategic Partners Infrastructure IV L.P., making it the largest dedicated infrastructure secondaries fund ever raised.
Blackstone Strategic Partners Closes Largest Infrastructure Secondaries Fund Ever Raised at $5.5 Billion
NEW YORK – September 2, 2025 – Blackstone (NYSE:BX) announced the final close on $5.5 billion for its latest infrastructure secondaries fund, Strategic Partners Infrastructure IV L.P., and its related committed program vehicles. SP Infrastructure IV is the world’s largest dedicated infrastructure secondaries fund raised to-date.

Verdun Perry, Senior Managing Director and Global Head of Strategic Partners, said: “This fundraise reflects the breadth of our platform, the power of the Blackstone Strategic Partners brand, and our commitment to generating strong risk-adjusted returns for our investors. The substantial scale we’ve built over two decades positions us well to capitalize on the growing opportunity set across the infrastructure secondary market.”

Mark Bhupathi, Senior Managing Director and Head of Strategic Partners Infrastructure, said: “We are incredibly grateful to our investors for their continued support. With our scale, global reach, and deep insights, we look forward to deploying this capital in one of the fastest growing segments of the secondary market.”

About Blackstone Strategic Partners
Blackstone Strategic Partners is a global capital solutions provider, with $91 billion of investor capital under management. We offer a range of liquidity opportunities to both limited and general partners, including secondaries, GP Stakes and co-investments across private markets. Founded in 2000, we are one of the world’s largest and most established secondaries platforms.

Contact
Paula Chirhart
Paula.Chirhart@Blackstone.com 
347-463-5453 
LikeDiscussion
Share

Discussion

You are commenting on Blackstone Strategic Partners Closes Largest Infrastructure Secondaries Fund Ever Raised at $5.5 Billion

You must be logged in to add a comment

There are no comments

Be the first to add to the discussion

Blackstone Group
Blackstone Group
New York, United States
Blackstone is the world’s largest alternative asset manager. We seek to deliver compelling returns for institutional and individual investors by strengthening the companies in which we invest. Our more than $1 trillion in assets under management include global investment strategies focused on real estate, private equity, infrastructure, life sciences, growth equity, credit, real assets, secondaries and hedge funds.
buyoutprivate equityinfrastructurereal estategrowthprivate debt

Related news

Antin Infrastructure Partners closes Flagship Fund V above €10 billion target

Antin Infrastructure Partners closes Flagship Fund V above €10 billion target

Antin Infrastructure Partners has closed Flagship Fund V at €10.2 billion ($10.7 billion), exceeding its target and marking the largest infrastructure fund closed globally in 2024. The fund saw strong re-ups (90%+) and 120+ new LPs, with significant growth from North America, Asia Pacific, the Middle East, and Latin America. 40% of capital is already deployed across key infrastructure investments in energy, digital, transport, and social sectors.

Antin Infrastructure Partners
Goldman Sachs Alternatives Launches Open-Ended Global Infrastructure Strategy

Goldman Sachs Alternatives Launches Open-Ended Global Infrastructure Strategy

Goldman Sachs Alternatives has launched G-INFRA, a new open-ended global infrastructure strategy, leveraging its 18-year track record in private infrastructure investing. The strategy expands access to the firm’s $500 billion Alternatives platform for professional investors, including qualified individuals, and targets core-plus value-add private infrastructure investments in the mid-market, along with secondaries and liquid assets.

Goldman Sachs