Saudi commuters drive down a main street in the capital Riyadh, on October 18, 2016. AFP / FAYEZ NURELDINE
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Blackstone Group LP, the world's biggest private equity manager, is eyeing more than $100 billion in infrastructure investments with a new strategy anchored by Saudi Arabia's Public Investment Fund.With leverage, Blackstone expects to have more than $100 billion in purchasing power for infrastructure projects, primarily in the U.S.Blackstone signaled its ambitions for a large fund in January, when its global head of private equity described what it would take to be a meaningful investor in infrastructure.Oaktree Capital Group LLC is marketing two infrastructure funds, one focused on U.S. transportation and another for North American energy, the firm said last month. KKR is planning to raise money for a third infrastructure fund, the private equity firm said last month, after raising $3.1 billion for its current pool in 2015 .EQT Partners in February finished raising 4 billion euros ($4.2 billion), almost 40 percent more than targeted, after less than six months for its third infrastructure fund.
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