Perpetual-life infrastructure program sold to accredited qualified purchasers. Invests through BXINFRA Aggregator (CYM) L.P. in Direct Investments, Secondary Investments and Primary Commitments, mostly in or alongside other Blackstone accounts. Target: at least 80% of NAV in Infrastructure Investments (transportation, digital, energy transition) and up to 20% in Debt and Other Securities. Objective: attractive risk-adjusted returns from current income and long-term capital appreciation. No target return stated.