Blackstone has raised a massive fund to invest in infrastructure, but analysts are focused on the challenges that come with deploying $14 billion in capital. Business Insider spoke with a person familiar with Blackstone's strategy who said the firm is targeting long-term, billion-dollar-plus deals in North America. Competition for assets is stiff and funding plentiful as investors see infrastructure as an alternative to low-yielding fixed-income products. Visit BI Prime for more stories. Blackstone has amassed $14 billion to invest in infrastructure, which means it is primed to be the No.