Blackstone to invest in ITE Management.

Blackstone Credit & Insurance, a credit investor, agreed to invest in ITE Management, an alternative asset manager focused on transportation infrastructure. Financial terms were not disclosed. “This investment and partnership with Blackstone is recognition of ITE’s leading position in transportation infrastructure finance and the growing opportunity set within the sector. Our firm will benefit from Blackstone’s debt and equity financing as well as its expansive global network,” Jason Koenig, ITE Co-Founder.