Blackstone Infrastructure Strategies adopts quarterly unit redemption plan; appoints new independent director
Blackstone Infrastructure Strategies L.P.
- Appointed Susan Roth Katzke as independent director and to Audit Committee effective April 11, 2025.
- Fund entered Second Amended and Restated LPA establishing Unit Redemption Plan effective April 15, 2025.
- Up to 3% of outstanding units may be redeemed quarterly; 5% early redemption deduction for units held less than 2 years.
- Redemption window: 15th of first month to 10th business day of second month; price based on prior quarter NAV.
- Settlements via promissory note; cash paid within 65 calendar days after redemption deadline.