BlackRock completed the acquisition of Global Infrastructure Partners for $12.5bn.

BlackRock, an American multinational investment company, completed the acquisition of Global Infrastructure Partners, an independent infrastructure fund manager, for $12.5bn. “We are excited to embark on this new chapter as Global Infrastructure Partners (GIP), a part of BlackRock, with the goal of creating the premier global infrastructure investing firm. The combination of our institutional intellectual capital, investing and business improvement capabilities, global footprint, corporate and government relationships will allow us to deliver attractive investments for our investors and innovative solutions for our customers,” Bayo Ogunlesi, Global Infrastructure Partners Chairman and CEO.