BlackRock Real Assets has achieved the final close for the Global Infrastructure Solutions 4 (GIS 4) fund by raising EUR1.4 billion (US$1.57 billion) in commitments.

GIS 4 fund offers infrastructure equity investments through combining primaries, secondaries, and co-investments. The fund primarily targets brownfield infrastructure investments in developed markets in sectors such as digitalization, decarbonization and decentralization, attracting institutional investors across Europe, North America and Asia Pacific.