BlackRock shelves NZ$2bn New Zealand climate infra fund after muted investor interest

BlackRock has pulled the pin on its planned NZ$2 billion ($1.7 billion; €1.2 billion) standalone New Zealand Climate Infrastructure Fund after receiving limited interest from its clients. In a statement provided to Infrastructure Investor, the firm said that after acquiring Global Infrastructure Partners – a $12.5 billion deal it completed in 2024 – and following client feedback, […]

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