Global Infrastructure Partners, part of BlackRock, has hired Mati Adler as a managing director focused on fundraising for its open-end Global AI Infrastructure Investment Partnership. The move signals GIP's commitment to expanding its presence in the rapidly growing AI infrastructure sector. Adler brings specialized expertise to help the firm capitalize on increasing investor interest in artificial intelligence and related technologies.

Adler joins GIP after three years at Vista Equity Partners, where he served as head of product in the capital solutions team. His background in structuring investment products gives him direct experience relevant to GIP's fundraising objectives. The hire represents BlackRock's broader strategy to strengthen its capabilities in emerging technology investments through specialized talent acquisition.

The appointment comes amid rising demand for AI infrastructure funding, with institutional investors increasingly allocating capital to this space. GIP's open-end fund structure provides flexibility for investors seeking exposure to AI infrastructure without the constraints of traditional closed-end funds. This strategic hire positions GIP to capture significant market share in the competitive AI investment landscape.