BlackRock Targets $2.5B Close for Latest Infrastructure Debt Fund After Raising $1.3B

BlackRock has secured $1.3 billion for its latest infrastructure debt fund, with a final target of $2.5 billion, according to Infrastructure Investor. The fund focuses on sustainable infrastructure projects across global markets, leveraging BlackRock’s expertise in alternative credit. The firm’s infrastructure strategy aims to provide institutional investors with stable returns through investments in energy, transportation, and digital infrastructure. BlackRock’s previous infrastructure debt funds have consistently delivered strong performance, underscoring investor confidence. The firm remains a leader in global sustainable investment solutions, managing over $10 billion in infrastructure-related assets.