LIF AIV 1, L.P. - 31 Mar 2026 Form 4 Insider Report for FTAI Infrastructure Inc. (FIP)

Reporting relationship: Director, 10%+ Owner
Issuer ticker: FIP
Reported as of: 31 Mar 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 02 Apr 2026, 16:24:30 UTC
Prior SEC filing: 05 Jan 2026
Source filing: View source filing
Reporting owner signature: LIF AIV 1, L.P., By: GCM Investments GP, LLC, its general partner, By: /s/ Burke J. Montgomery, Authorized Signatory

Key filing fact

LIF AIV 1, L.P. filed Form 4 for FTAI Infrastructure Inc. (FIP) on 02 Apr 2026.

Key facts

This page summarizes LIF AIV 1, L.P.'s Form 4 filing for FTAI Infrastructure Inc. (FIP).
1 reported transaction and 8 derivative rows are listed below.
Accepted by SEC: 02 Apr 2026, 16:24.

Change

Previous filing in this sequence was filed on 05 Jan 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (8)

CIK 0002023029 Primary reporting owner

LIF AIV 1, L.P.

Relationship: Director, 10%+ Owner
Address: 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO
Signature: LIF AIV 1, L.P., By: GCM Investments GP, LLC, its general partner, By: /s/ Burke J. Montgomery, Authorized Signatory
Signature date: 02 Apr 2026

CIK 0001751369

Labor Impact Fund, L.P.

Relationship: Director, 10%+ Owner
Address: 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO
Signature: Labor Impact Fund, L.P., By: GCM Investments GP, LLC, its general partner, By: /s/ Burke J. Montgomery, Authorized Signatory
Signature date: 02 Apr 2026

CIK 0001743984

GCM Investments GP, LLC

Relationship: Director, 10%+ Owner
Address: 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO
Signature: GCM Investments GP, LLC, By: /s/ Burke J. Montgomery, Authorized Signatory
Signature date: 02 Apr 2026

CIK 0001743986

Grosvenor Capital Management Holdings, LLLP

Relationship: Director, 10%+ Owner
Address: 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO
Signature: Grosvenor Capital Management Holdings, LLLP, By: GCM Grosvenor Holdings, LLC, its general partner, By: /s/ Burke J. Montgomery, Authorized Signatory
Signature date: 02 Apr 2026

CIK 0001939480

GCM Grosvenor Holdings, LLC

Relationship: Director, 10%+ Owner
Address: 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO
Signature: GCM Grosvenor Holdings, LLC, By: /s/ Burke J. Montgomery, Authorized Signatory
Signature date: 02 Apr 2026

CIK 0001819796

GCM Grosvenor Inc.

Relationship: Director, 10%+ Owner
Address: 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO
Signature: GCM Grosvenor Inc., By: /s/ Burke J. Montgomery, Authorized Signatory
Signature date: 02 Apr 2026

CIK 0001831172

GCM V, LLC

Relationship: Director, 10%+ Owner
Address: 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO
Signature: GCM V, LLC, By: /s/ Burke J. Montgomery, Authorized Signatory
Signature date: 02 Apr 2026

CIK 0001509764

Sacks Michael Jay

Relationship: Director, 10%+ Owner
Address: 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO
Signature: /s/ Michael J. Sacks
Signature date: 02 Apr 2026

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

FIP transaction Derivative

Series B Preferred Stock

Other

Transaction value
Shares: 0
Change %: 0%
Price: $0.000000^*
Shares after: 160,000
Date: 31 Mar 2026
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 532,146
Exercise price: $8.18
Footnotes: F1, F2, F3, F4, F5

FIP transaction Derivative

Series B Preferred Stock

Other

Transaction value
Shares: 0
Change %: 0%
Price: $0.000000^*
Shares after: 160,000
Date: 31 Mar 2026
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 532,146
Exercise price: $8.18
Footnotes: F1, F2, F3, F4, F5

FIP transaction Derivative

Series B Preferred Stock

Other

Transaction value
Shares: 0
Change %: 0%
Price: $0.000000^*
Shares after: 160,000
Date: 31 Mar 2026
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 532,146
Exercise price: $8.18
Footnotes: F1, F2, F3, F4, F5

FIP transaction Derivative

Series B Preferred Stock

Other

Transaction value
Shares: 0
Change %: 0%
Price: $0.000000^*
Shares after: 160,000
Date: 31 Mar 2026
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 532,146
Exercise price: $8.18
Footnotes: F1, F2, F3, F4, F5

FIP transaction Derivative

Series B Preferred Stock

Other

Transaction value
Shares: 0
Change %: 0%
Price: $0.000000^*
Shares after: 160,000
Date: 31 Mar 2026
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 532,146
Exercise price: $8.18
Footnotes: F1, F2, F3, F4, F5

FIP transaction Derivative

Series B Preferred Stock

Other

Transaction value
Shares: 0
Change %: 0%
Price: $0.000000^*
Shares after: 160,000
Date: 31 Mar 2026
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 532,146
Exercise price: $8.18
Footnotes: F1, F2, F3, F4, F5

FIP transaction Derivative

Series B Preferred Stock

Other

Transaction value
Shares: 0
Change %: 0%
Price: $0.000000^*
Shares after: 160,000
Date: 31 Mar 2026
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 532,146
Exercise price: $8.18
Footnotes: F1, F2, F3, F4, F5

FIP transaction Derivative

Series B Preferred Stock

Other

Transaction value
Shares: 0
Change %: 0%
Price: $0.000000^*
Shares after: 160,000
Date: 31 Mar 2026
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 532,146
Exercise price: $8.18
Footnotes: F1, F2, F3, F4, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Consists of Series B Convertible Junior Preferred Stock (the "Series B Preferred Stock") of FTAI Infrastructure Inc. (the "Issuer") held by LIF AIV 1, L.P. ("LIF AIV") and Labor Impact Fund, L.P. ("Labor Impact Fund"). Each share of Series B Preferred Stock is convertible at any time at the option of the holder into a number of shares of common stock, par value $0.01 per share ("Common Stock"), of the Issuer equal to the quotient of the Liquidation Value (as defined in the Certificate of Designations governing the Series B Preferred Stock) in effect at the time of conversion divided by the Conversion Price (each as defined in the Certificate of Designations governing the Series B Preferred Stock).

Footnote F2

LIF AIV and Labor Impact Fund received a dividend on 160,000 shares of Series B Preferred Stock owned by LIF AIV and Labor Impact Fund on the dividend record date by way of an increase in the Stated Value of such Series B Preferred Stock. Such dividend represents a quarterly compounding regular dividend equal to 10% per annum with respect to the immediately preceding quarter in accordance with the terms of the Certificate of Designations governing the Series B Preferred Stock.

Footnote F3

Represents the additional number of shares of Common Stock into which the Series B Preferred Stock owned by LIF AIV and Labor Impact Fund is convertible as a result of the dividend. As of the date hereof, the Series B Preferred Stock owned in the aggregate by LIF AIV and Labor Impact Fund is convertible into a total of 21,817,927 shares of Common Stock.

Footnote F4

The shares of Series B Preferred Stock reported herein are held directly by LIF AIV and Labor Impact Fund, and indirectly by: (i) GCM Investments GP, LLC ("GCM GP") as the general partner of each of LIF AIV and Labor Impact Fund; (ii) Grosvenor Capital Management Holdings, LLLP ("Grosvenor Capital Holdings") as the sole member of GCM GP; (iii) GCM Grosvenor Holdings, LLC ("GCM Holdings") as the general partner of Grosvenor Capital Holdings; (iv) GCM Grosvenor Inc. ("GCM Grosvenor") as the sole member of GCM Holdings; (v) GCM V, LLC ("GCM V") as a shareholder of GCM Grosvenor; and (vi) Michael J. Sacks, as the manager of GCM V (collectively, the "Reporting Persons").

Footnote F5

Each of the Reporting Persons disclaims beneficial ownership of the shares of Common Stock underlying the Series B Preferred Stock except to the extent of its or his pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

SEC remarks

The Reporting Persons may be deemed to be directors by deputization for purposes of Section 16 under the Securities Exchange Act of 1934 by virtue of the fact that Matthew Rinklin, an employee of GCM Grosvenor L.P., an affiliate of the Reporting Persons, currently serves on the board of directors of the Issuer.