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Laxman Pai, Opalesque Asia:

American multinational investment management corporation BlackRock is launching an infrastructure investment strategy focused on energy security and helping polluting companies to become greener as the world's largest money manager adjusts to new demands on climate change.

BlackRock's perpetual infrastructure strategy will target institutional investors and seek investments in both energy transition and energy securities, along with digital and community infrastructure and sustainable mobility said a press release.

Over half of the strategy will initially be allocated to Europe, although BlackRock has asserted it will be "becoming increasingly global" moving forward.

"We believe the intersection of infrastructure and sustainability will be one of the biggest opportunities in alternative investments in the coming years. At the same time, recent events have sharpened the focus on energy security and further compounded the need for infrastructure investment," said Edwin Conway, Global Head of BlackRock Alternative Investors.

"Private markets will continue to play a pivotal role in the energy transition, and we are pleased to offer our clients another way to go beyond simply navigating the transition to driving it forward," Edwin said.

An estimated $125 trillion of investment is needed globally by 2050 to reach net zero, including over $4 trillion per year compared to $1 trillion per year currently. In addition to financing the......................

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