Blackstone's debut infrastructure fund makes $3.3bn acquisition of Tallgrass

GIC is a global long-term investor established in 1981 to manage Singapore’s foreign reserves. They are invested in more than 40 countries worldwide with a mandate to preserve and enhance Singapore's international purchasing power over the long term.

Blackstone is the world's largest alternative asset manager, serving institutional and individual investors by building strong businesses that deliver lasting value. They invest in dynamic sectors positioned for long-term growth, leveraging their scale and operational expertise to drive transformation and create value.

Tallgrass is an energy infrastructure company focused on owning and operating natural gas pipelines and storage facilities. They provide transportation and storage services for natural gas and are involved in the development of energy infrastructure projects.