Blackstone’s stake is worth around US $ 7.8 billion, according to data compiled by Bloomberg.
Representatives from Brookfield Asset Management, Blackstone and Cheniere declined to comment.
Cheniere Energy Partners units rose 5.7% on Tuesday. They closed 3.1 percent at US $ 39.00 in New York City, giving the company a market value of around US $ 18.9 billion.
Cheniere Energy Partners, a limited partnership created by Cheniere Energy Inc., owns the first major liquefied natural gas export terminal in the United States.
Blackstone agreed to invest approximately US $ 1.5 billion in the company in 2012.
The private equity firm owned 41.2% of the company as of June 30, while Cheniere Energy Inc. held 48.6%, according to a regulatory filing this month.
Blackstone was seeking a premium for its stake and had started marketing it to a small number of infrastructure, pension funds and sovereign wealth funds, Bloomberg News reported last summer.
Toronto-based Brookfield Asset Management is one of the world’s largest alternative assets and manages billions of dollars across all asset classes including real estate, energy and infrastructure.