BlackRock Infrastructure Investment Strategy
Opportunities for significant value creation via growth
•
Proprietary
origination
Brings together deep network of relationships with global corporates and public sectors
Strong track records across both firms in originating differentiated, landmark transactions
Scaled
capital base
Significant platform across equity, debt & solutions
•
Significant AUM scale supports larger average deal sizes
Larger
transactions
Capital
formation
Strong
business fit
Fixed cost
scale
• Market demands higher levels of private capital to build critical infrastructure and fund
shortfalls arising out of public deficits
• Combined platform is pro-forma #1 in fundraising over last 15 years¹; opportunity to deepen
client relationships, grow future flagship programs & innovate new investment solutions
• Limited LP overlap (approximately 5% in infrastructure, based on number of LPs)²
•
.
Creates leading multi-asset class, whole portfolio infra investments platform, with BlackRock
infra debt & third-party solutions complementing GIP infra equity and debt franchises
Complementary investment expertise in infra equity - GIP acumen in transport/digital and
BlackRock innovation in decarbonization & interconnected insights in energy/renewables
Not a primary rationale for transaction, but opportunities via eFront technology & operating
leverage of BlackRock to drive margin expansion over time
Note: For footnoted information, refer to slide 12.
BlackRock.
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