Blackstone Infrastructure Strategies ELTIF
Overview
Strategy
BXINFRA Lux primarily invests in Core/Core+ infrastructure across the U.S., Europe and Asia, targeting transportation, digital, energy, utilities and related essential-service assets. Exposure is implemented through direct investments, infrastructure secondaries, primary commitments to commingled funds and infrastructure credit. A smaller allocation may be in liquid debt and other securities across asset classes to generate income, support capital deployment and enhance liquidity.
Allocations
Strategy allocation
Strategy
Strategy
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Sector
Sector
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Geography
Geography
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Asset Class
Asset Class
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| Management Fee: | 1.25% | Payable monthly; waived for first 6 months after later of first third-party close or investment start. |
| Management Fee Basis: | NAV | NAV before accruals for Management, Servicing and Performance fees; calculated and charged monthly. |
| Performance Fee: | 12.50% | 5% annualised hurdle; 100% catch-up; high water mark via loss carryforward; monthly accrual, quarterly payments on calendar-year basis |
| Performance Fee Basis: | Distributions, Change in aggregate NAV | Calculated on Total Return: distributions accrued/paid plus change in aggregate NAV minus platform expenses; excludes FX-only and class-specific hedging impacts; before servicing fees; includes loss carryforward high water mark |
| Hurdle rate: | 5.00% | 5% annualized IRR on Aggregator NAV |
| Catch-up: | 100.00% | 100% catch-up until Recipient has 12.5% of Hurdle Amount plus catch-up; thereafter 12.5% |
| Back load (redemption): | 5.00% | If redeemed within 24 months of subscription. |
| Servicing fee: | 0.00% |
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