BIP vs BX

Brookfield Infrastructure Partners LP Limited Partnership Unit

Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, midstream, and data businesses in North and South America, Europe, and the Asia Pacific. The Utilities segment operates approximately 4,200 kilometers (km) of natural gas pipelines; 2,000 km of electricity transmission lines; and 6.9 million electricity and natural gas connections, as well as 1.5 million installed smart meters; and 330,000 long-term contracted sub-metering services. This segment also offers centralized heating and cooling systems; centralized gas distribution and cogeneration for heating, cooling, and energy; and water heater, and heating, ventilation, and air conditioner rental, and other home services. The Transport segment offers transportation, storage, and handling services for freight, commodities, and passengers through a network of approximately 22,000 Km of track network in North America and Europe; 5,500 km of track network in south of Western Australia; 4,800 km of rail in Brazil; 3,800 km of motorways in Brazil, Chile, Peru and India; and 13 port terminals. The Midstream segment offers natural gas transmission, gathering and processing, and storage services through approximately 15,000 km of natural gas transmission pipelines; 600 billion cubic feet of natural gas storage; 16 natural gas processing plants; and 3,400 km of gas gathering pipelines. The Data segment operates approximately 137,000 operational telecom towers in India; 7,000 multi-purpose towers and active rooftop sites in France; 10,000 km of fiber backbone in France and Brazil; 1,600 cell sites and 11,500 km of fiber optic cable in New Zealand; and 2,100 active telecom towers and 70 distributed antenna systems in the United Kingdom, as well as 54 data centers and 198 megawatts of critical load capacity. The company was incorporated in 2007 and is based in Hamilton, Bermuda. Brookfield Infrastructure Partners L.P. is a subsidiary of Brookfield Asset Management Inc.

Blackstone Inc.

The Blackstone Group Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services. The real estate segment specializes in opportunistic, core+ investments as well as debt investment opportunities collateralized by commercial real estate, and stabilized income-oriented commercial real estate across North America, Europe and Asia. The firm's corporate private equity business pursues transactions throughout the world across a variety of transaction types, including large buyouts,special situations, distressed mortgage loans, mid-cap buyouts, buy and build platforms, which involves multiple acquisitions behind a single management team and platform, and growth equity/development projects involving significant majority stakes in portfolio companies and minority investments in operating companies, shipping, real estate, corporate or consumer loans, and alternative energy greenfield development projects in energy and power, property, dislocated markets, shipping opportunities, financial institution breakups, re-insurance, and improving freight mobility, financial services, healthcare, life sciences, enterprise tech and consumer, as well as consumer technologies. The fund considers investment in Asia and Latin America. It has a three year investment period. Its hedge fund business manages a broad range of commingled and customized fund solutions and its credit business focuses on loans, and securities of non-investment grade companies spread across the capital structure including senior debt, subordinated debt, preferred stock and common equity. The Blackstone Group Inc. was founded in 1985 and is headquartered in New York, New York with additional offices across Asia, Europe and North America.