Blackstone Opens Infrastructure Fund to Wealthy Europeans

Blackstone Inc. has added infrastructure to its menu of offerings targeting wealthy investors in Europe as the firm pushes to tap new sources of capital.

The alternative asset management giant has opened BXINFRA to investors in Europe, as well as parts of Asia Pacific and the Middle East, according to a statement Wednesday. The fund invests in everything from fiber cables to toll roads and energy projects and is Blackstone’s first product to be offered through the European Long-term Investment Funds framework, often referred to as Eltifs.

A slew of firms which started as buyout shops have evolved into diversified ...