• CERAWeek
  • March 18 - 22, 2024
  • About

Adi Blum

BlackRock

Managing Director, Global Infrastructure

Adi J. Blum, Managing Director, joined the BlackRock Global Infrastructure Funds team ("BGIF") in 2011. The BGIF team manages approximately $14 billion in capital commitments across three vintages. BGIF invests globally in essential infrastructure businesses by capitalizing on the long-term trends of decarbonization, decentralization and digitalization. Mr. Blum's responsibilities include deal origination, structuring, execution, monitoring, and exit strategy. At BGIF, Mr. Blum leads, or has led, investments in SunReserve, Environmental 360 Solutions, First Caribbean Power & Midstream, Los Ramones II, La Bufa Wind, Mexico Clean Fuels Infrastructure, and Vopak Industrial Infrastructure. He is a member of the Investment and Management Committees. Prior to joining BGIF, Mr. Blum was a Vice President at High Road Capital Partners, a middle market private equity firm. Prior to High Road Capital Partners, he was an Associate in Citigroup's Mergers & Acquisitions group. Mr. Blum holds a B.S. in International Affairs from Georgetown University, School of Foreign Service, and an M.B.A from New York University, Stern School of Business.

Sessions With Adi Blum

Wednesday, 8 March

  • 07:15am - 08:20am (CST) / 08/mar/2023 01:15 pm - 08/mar/2023 02:20 pm

    The Role of Private Capital in Funding the Energy Transition
    Finance & Investment/Trading & Risk Management/ESG
    While public market funds run by institutional investors have been shifting allocations toward cleantech companies, they are often hamstrung by a limited universe of pure-play cleantech equities and index-tracking methodologies that limit their ability to take longer-duration bets. The real action for energy transition investors to date has been in private equity, where funds can take duration risk and have overcome liquidity limitations by successfully raising historically large funds. The pace of private equity dealmaking, which slowed in early 2022, has accelerated sharply again for cleantech since the passage of the Inflation Reduction Act in the United States. How much of the pent-up private equity capital remains to be run through, and how will the even larger universe of public market investors gain access to these growing markets?