Blackstone Infrastructure Strategies L.P. Sells ~$357.6M of Units in Private Offering

What Happened

• Blackstone Infrastructure Strategies L.P. (BXINFRA U.S.) and its feeder, Blackstone Infrastructure Strategies (TE) L.P., announced unregistered private sales of limited partnership units on July 1, 2026. The two Funds sold a combined approximately $357.6 million of Units (BXINFRA U.S. $278.19M; Feeder $79.37M). The number of Units sold was finalized on July 22, 2026 after calculating transactional net asset values (Transactional NAVs) as of June 30, 2026. The filing was made on Form 8-K on July 23, 2026.

Key Details

• BXINFRA U.S. sales by class: Class I Series I — 5,903,100 units for $177,041,055; Class I Series II — 1,000,293 units for $30,000,000; Class S — 2,282,915 units for $67,571,308; Class D — 119,699 units for $3,575,000 (total $278,187,363).
• Feeder sales: Class I-TE Series I — 1,349,072 units for $39,926,750; Class S-TE — 789,695 units for $23,069,365; Class I-TE-ACC — 211,827 units for $6,395,600; Class S-TE-ACC — 334,365 units for $9,982,098 (total $79,373,813). The Feeder acquired 2,629,598 BXINFRA U.S. Class I Units for about $78.9M.
• The BXINFRA Fund Program (inclusive of these Funds and other parallel vehicles, excluding BXINFRA Lux) issued interests of about $360.8M on July 1, 2026 (excluding reinvestment plan sales).
• Offerings were made under continuous private offerings to accredited investors who are also qualified purchasers and were exempt from SEC registration under Section 4(a)(2) and Regulation D.

Why It Matters

• This 8-K reports a sizable private capital raise for Blackstone’s infrastructure fund program, which increases the number of outstanding partnership units and brings new capital into the strategy. Investors should note the sales were private (not a registered public offering), targeted to accredited/qualified purchasers, and priced using a Transactional NAV calculated as of June 30, 2026. The filing provides transaction detail and confirms the offering exemption used; it does not disclose intended uses of proceeds or changes to fund strategy.