Originally Posted by
inOban
My interpretation is that the team who created GIP are taking over the operation of all Blackstone's infrastructure assets. A lot of Blackstone's money comes from pension funds who are just about the only source of long-term funding and also require a steady income stream to pay pensions when the holders retire which is why so many of them have invested in our regulated industries. This may turn out good for EDI and LGW
I assume you meant BlackRock and not Blackstone?