<p>Blackstone Group LP would target as much as $40 billion for infrastructure deals if the world’s biggest private equity firm re-enters the sector, one of its top dealmakers said.</p>
<p>“To be relevant in that end of the market I think you need to be deploying billions of dollars at a time, not hundreds of millions, and so you’re probably talking about a vehicle that’s $20 billion, $30 billion, $40 billion dollars of equity,” Joe Baratta, Blackstone’s global head of private equity, said Tuesday in an interview with Bloomberg Television’s Erik Schatzker.</p>