BlackRock Inc.’s Global Infrastructure Partners (GIP) says it is in discussions with investors about selling bonds backed by stakes in some of its private capital funds, according to reports. The proposed structure would package certain fund interests as collateral for securitization, allowing GIP to monetize portions of its private investment exposure while generating returns tied to those holdings. Bloomberg and the Financial Post both describe the effort as part of a broader trend among asset managers exploring securitization and related financing strategies to potentially improve performance and liquidity. The coverage indicates that the discussions are at an early stage, focused on finding investors for the bond issuance rather than finalizing deal terms. The reports do not specify the names of the underlying funds, the size of any planned issuance, expected pricing, or a timeline for execution. Overall, the information centers on GIP exploring a securitization-backed bond transaction supported by stakes in private capital funds.