We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

BlackRock Snags $1.5B For Latest Energy, Power Fund

Law360 (July 11, 2018, 7:26 PM EDT) -- Infrastructure and real estate-focused BlackRock Real Assets on Tuesday said its latest fund scooped up $1.5 billion in commitments, as the firm looks to make an even bigger impact in the energy and power sector.

The BlackRock unit said this is the first close for the fund — Global Energy & Power Infrastructure Fund III — which received commitments from “prominent institutional investors” across North America, the Middle East, Europe and Asia. According to BlackRock, the fund will be used to invest in a number of...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.