Larry Fink Predicts a $68 Trillion Infrastructure Boom

In his most recent annual chairman's letter, Larry Fink makes a $68 trillion prediction: the next great wave of capital will flow into the real economy. Infrastructure. Energy. Supply chains. Digital connectivity. It’s not just about software anymore—it’s about steel, systems, and execution.

We agree with his prediction, but we’ve chosen to approach the opportunity very differently.

At BlackRock, the strategy is scale. Control from the top-down. Move capital through institutional pipelines into massive infrastructure projects and global public-private partnerships.

At Crosstimbers, we build from the bottom-up.

While others wait for mature platforms to materialize, we create them—starting and scaling hard-asset businesses that deliver real-world services in water, fiber, energy, logistics, and more. We don’t need billion-dollar deals to move the needle. We find overlooked sectors, back proven operators, and do the unglamorous work of quietly building enduring companies.

The difference isn’t just one of scale. It’s one of proximity and philosophy.

Many allocators chase trends. We solve problems, from inside the business, with skin in the game. And while capital flows tend to follow consensus, value is often created before consensus forms.

Fund III continues this strategy. It’s built for this moment, when policy, capital, and need are aligned, but scalable infrastructure platforms remain in short supply. BlackRock and its peers are clamoring for quality companies to buy. Hold on, guys. We’re building them as fast as we can.