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Founded by Matthew C. Harris on May 2006, in New York City.1
Global Infrastructure Partners was established in May 2006. Two founding investors in its first fund, GIP I, were Credit Suisse and General Electric. Each committed approximately 9% of the US$5.64 billion of GIP I's committed capital.
The firm's first investment was announced in October 2006. It was a 50:50 joint venture between GIP and American International Group (AIG) to acquire London City Airport for an undisclosed sum. GIP announced the sale of the asset in February 2016 for a significant multiple of its acquisition price.
GIP has made two additional notable airport investments: the October 2009 acquisition of Gatwick Airport, the second largest airport in the United Kingdom by passenger traffic, for £1.5 billion from BAA and the 2012 acquisition of Edinburgh Airport for £807 million.
GIP has made a cross-section of investments in other areas of the transport sector as well as the natural resource and power generation areas of the energy sector. These assets include seaports, freight rail facilities, midstream natural resources and power generation businesses.
Global Infrastructure Partners' first fund, GIP I, completed its fund raising in May 2008 with $5.64 billion in investor capital commitments. The fund became fully invested during 2012.
In September 2012, GIP's second fund, GIP II, completed fund raising with US$8.25 billion in investor capital commitments, making it the largest independent infrastructure fund in the world at that time. Exceeding what it had initially projected, GIP's third fund—GIP III—completed fund raising in January 2017 with approximately $15.8 billion in investor capital commitments. GIP's fourth equity Fund, GIP IV, completed fund raising in December 2019, raising $22 billion.
GIP also manages several other Funds which focus on investments in infrastructure in other asset classes or target specific regions. GIP's Credit business manages over $4 billion across three Funds: GIP Capital Solutions I and GIP Capital Solutions II and GIP Spectrum.
In January 2024, the investment management corporation BlackRock announced its acquisition of Global Infrastructure Partners for $12.5 billion with Perella Weinberg as financial advisor. This move aims to tap into the infrastructure market, forecasted to be one of the fastest-growing segments of private markets in the years ahead. On October 1, 2024, it was announced that BlackRock had completed the purchase of GIP.
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In October 2025, GIP, the AI Infrastructure Partnership and Abu Dhabi investment firm MGX agreed to acquire all of Aligned Data Centers from funds managed by Macquarie Asset Management. The transaction valued Aligned at approximately US$40 billion. The acquisition was completed in July 2026, after which the consortium committed an additional US$5 billion in growth capital to Aligned.
From Wikipedia’s article on Global Infrastructure Partners, shared under CC BY-SA 4.0.4