Overview
1
Blackstone Infrastructure Advisors L.L.C. (the “Advisor”) is a Delaware limited liability company.
The Advisor provides investment advisory services to an open-ended private investment fund
that has as its primary investment objective the making of control and control-oriented
infrastructure investments, as well as in public-private partnership infrastructure projects, in
each case within the “Core+” and “Core” space on a global basis but primarily in North America
and its parallel funds (“BIP”), its related parallel account (“BIP-P” or the “Parallel Account”) and
other managed accounts (the “Other Parallel Accounts”), certain closed-end private funds and
other single investor and pooled vehicles that have or may make separate investments in the
infrastructure space or co-invest alongside BIP (the “Other Infrastructure Vehicles”) and
anticipates providing investment advisory services to an open-ended private investment fund
that has as its primary investment objective the making of control and control-oriented
infrastructures investments, as well as in public-private partnership infrastructure projects, in
each case within the “Core+” and “Core” space primarily in Europe and its parallel funds
(collectively, “BIP Europe”) once BIP Europe holds its initial closing (and, together with BIP, BIP-
P, and the Other Infrastructure Vehicles, the “Funds”). Affiliates of the Advisor serve as the
general partner (the “General Partner,” and, collectively, the “General Partners”) of each of the
Funds.
The Advisor was established in 2017. The ultimate parent of the Advisor is Blackstone Inc.
(together with its affiliates, “Blackstone”),
which is a publicly traded corporation listed on the
New York Stock Exchange and which trades under the ticker symbol “BX”. Please see the
structure chart below. Blackstone is a leading global alternative investment manager with
investment vehicles focused on private equity, real estate, hedge fund solutions, credit,
secondary funds, tactical opportunities, infrastructure, insurance solutions and life sciences.
Please see Item 10 – Other Financial Industry Activities and Affiliations for more information.
2
As of December 31, 2023, the Advisor has regulatory assets under management (“RAUM”) of $
48,609,675,685.
Description of Advisory Services
The Advisor serves as investment adviser to the Funds pursuant to the terms of the investment
advisory agreements (the “Advisory Agreements”) with respect to each of the Funds, and
makes investment decisions for the Funds including by evaluating investments for the Funds’.
The individual needs of the investors in the Funds are not the basis of investment decisions by
the Advisor. Investment advice is provided directly to the Funds by the Advisor and not
individually to the Funds’ investors.
Through a series of delegation agreements, the Advisor also provides specific portfolio
management services to certain private investment funds managed by an affiliated alternative
investment fund manager for the purposes of the European Union Alternative Investment Fund
Managers Directive (“AIFMD”).
Blackstone Intermediary
Holdco L.L.C.
Ultimate Parent
Sole Member
Blackstone Infrastructure
Advisors L.L.C.
Blackstone Inc.
(NYSE : BX)