BlackRock's GIP has teamed up with Temasek, Abu Dhabi sovereign wealth fund L'IMAD, and state oil giant ADNOC to create an infrastructure partnership targeting $30bn in investments. The vehicle will deploy equity and debt across greenfield and brownfield assets.

The platform focuses on energy, transportation, and logistics projects initially in the Gulf and Central Asia, with potential expansion into the wider Middle East and North Africa. Founding partners haven't disclosed a fundraising timeline or equity split.

The coalition brings together some of the region's most active capital allocators alongside a top global alternative asset manager. This marks one of the largest infrastructure commitments in the area, signaling growing appetite for large-scale private infrastructure deals.