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reported
Stonepeak was in discussions on expanding into real estate investments and setting up its first real estate investment fund. In July 2022, its debut real estate fund, Stonepeak Real Estate Partners was launched. In September 2022, the
309:
The firm is noted for having numerous ex-Macquarie Group employees in its ranks. Apart from both its co-founders, several of its senior managing directors also previously worked at the
Macquarie Group.
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The firm's debut fund, Stonepeak
Infrastructure Fund I raised $ 1.65 billion with its investors including Washington State, Oregon State, Virginia Retirement System and
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227:(also known as Stonepeak Partners and Stonepeak Infrastructure Partners) is an American investment firm headquartered in
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248:) as the sixth largest infrastructure investment firm based on total fundraising over the most recent five-year period.
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made a $ 2 billion 13.5% minority investment in
Stonepeak, valuing the firm at approximately $ 15 billion.
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862:"EXCLUSIVE Stonepeak Partners eyes as much as $ 20 bln for North America infrastructure fund -sources"
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In May 2022, Stonepeak teamed up with
Blackstone Inc.’s Blackstone Real Estate Income Trust and the
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In
September 2018, Stonepeak received a $ 350 million off balance sheet investment from
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823:"WSJ News Exclusive | Stonepeak Infrastructure to Buy Cable Provider Astound Broadband"
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239:. The firm has additional offices in Hong Kong, Houston, London, Sydney and Singapore.
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In March 2021, Vichie left
Stonepeak to found his own company, EverWind Fuels.
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1310:
995:"Cold-Storage Specialist Lineage Logistics Sells $ 700 Million Minority Stake"
52:
1006:
834:
597:
1437:
560:"Stonepeak Co-Founder Vichie Is Leaving the Infrastructure Firm - Bloomberg"
1054:"Xplornet sold to Stonepeak Infrastructure Partners | IT World Canada News"
1029:"Taxpayers May Soon Be on the Hook for a $ 2 Billion Fracked Gas Refinery"
646:"EverWind gets approval for North America's first green hydrogen facility"
916:"Stonepeak to buy Teekay LNG in $ 6.2 bln deal to tap surging gas demand"
389:
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for $ 3.6 billion in cash along with $ 4.5 billion in debt.
319:
264:
to establish its infrastructure investment unit. In 2011, the unit was
28:
1140:
586:"Stonepeak Infrastructure Partners Closes First Solo Fund at $ 1.65B"
505:"How a US investor with Macquarie links revived Port of Geelong deal"
424:
355:
344:
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as an independent firm named
Stonepeak which was based in New York.
887:"EQT, Stonepeak Prepare for Long Haul After KPN Rebuffs Approach"
797:"Stonepeak Raises $ 3 Billion to Extend Its Ownership of Cologix"
676:"Stonepeak Partners Is in Talks to Raise Debut Real Estate Fund"
1095:
728:"Texas Municipal invests in Stonepeak's debut real estate fund"
242:
348:
969:"Stonepeak invests €1bn in private schools operator Inspired"
1084:
619:"Stonepeak Infrastructure Gets $ 350 Million From Landmark"
943:"Houston-based enTouch System's new owner has a new owner"
336:
In
November 2022, Stonepeak and Spirit Super acquired the
205:
768:"Blue Owl backs alternative investment firm Stonepeak"
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Investment management companies of the United States
702:"New Stonepeak real estate strategy hits the market"
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473:"The top 100 GPs driving infra's unstoppable rise"
256:In 2008, Michael Dorrell and Trent Vichie joined
1700:Financial services companies established in 2011
1710:Privately held companies based in New York City
1107:
8:
1609:Private equity and venture capital investors
21:
751:: CS1 maint: numeric names: authors list (
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1581:Taxation of private equity and hedge funds
1398:Private investment in public equity (PIPE)
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299:committed $ 150 million to the fund.
36:
27:
20:
1715:Private equity firms of the United States
726:Peterson2022-09-23T14:19:00+01:00, Jon.
343:In April 2021, Stonepeak teamed up with
471:Gourntis, Kalliope (November 1, 2022).
442:
16:American infrastructure investment firm
941:Silverman, Dwight (November 2, 2020).
821:Gottfried, Miriam (November 1, 2020).
744:
910:
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584:Shieber, Jonathan (October 9, 2013).
325:In November 2020, Stonepeak acquired
231:. The firm focuses on investments in
7:
1690:2011 establishments in New York City
1027:Dilawar, Arvind (November 7, 2018).
993:Phillips, Erica E. (July 17, 2018).
860:Oguh, Chibuike (November 22, 2022).
670:
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666:
579:
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554:
552:
530:Atiya, Alexandra (January 5, 2013).
499:
497:
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354:In October 2021. Stonepeak acquired
351:but in May, KPN rejected the deal.
644:French, David (February 8, 2023).
318:In March 2017, Stonepeak acquired
186:US$ 71.2 billion (March 2024)
141:Michael Dorrell (Chairman and CEO)
14:
532:"Blackstone infra team spins out"
297:Texas Municipal Retirement System
58:Stonepeak Infrastructure Partners
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1623:
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1603:
766:Dorbian, Iris (July 11, 2023).
216:Footnotes / references
1381:Publicly traded private equity
706:Institutional Real Estate, Inc
358:in a $ 6.2 billion deal.
340:in a $ 732 million deal.
1:
1649:List of venture capital firms
1629:List of private equity firms
1386:Business Development Company
967:Jack, Andrew (May 3, 2022).
536:Private Equity International
245:Private Equity International
509:Australian Financial Review
88:; 13 years ago
1731:
1473:High-net-worth individuals
1263:Leveraged recapitalization
147:Luke Taylor (Co-President)
144:Jack Howell (Co-President)
1599:
1361:Limited liability company
1321:Venture capital financing
1268:Dividend recapitalization
395:Cosmopolitan of Las Vegas
369:for $ 5.65 billion.
367:Cosmopolitan of Las Vegas
214:
35:
26:
405:Inspired Education Group
1428:Institutional investors
477:Infrastructure Investor
1566:Liquidation preference
1531:Distribution waterfall
1483:Sovereign wealth funds
1639:Venture capital firms
1391:Venture capital trust
1058:www.itworldcanada.com
77:Investment management
22:Stonepeak Partners LP
1619:Private equity firms
1347:Private equity firms
1296:Post-money valuation
1173:Equity co-investment
625:. September 18, 2018
1695:Corporate spin-offs
1669:Portfolio companies
1586:Undercapitalization
1438:Insurance companies
1356:Limited partnership
1301:Pre-money valuation
999:Wall Street Journal
827:Wall Street Journal
590:Wall Street Journal
415:NW Innovation Works
373:Notable investments
363:Cherng Family Trust
192:Number of employees
167:Infrastructure fund
23:
1521:Capital commitment
1291:Business incubator
1258:Buy–sell agreement
682:. November 5, 2021
562:. October 28, 2020
288:In November 2021,
235:and more recently
1677:
1676:
1526:Capital structure
1411:
1410:
1253:Divisional buyout
1248:Management buyout
1243:Financial sponsor
947:Houston Chronicle
922:. October 4, 2021
410:Lineage Logistics
380:Astound Broadband
327:Astound Broadband
280:Landmark Partners
222:
221:
196:250 (August 2024)
171:Mezzanine capital
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1468:Commercial banks
1458:Investment banks
1366:Carried interest
1231:
1134:Investment types
1116:
1109:
1102:
1093:
1088:
1087:
1085:Official website
1070:
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1033:Pacific Standard
1024:
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520:
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516:
511:. April 26, 2023
501:
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483:
468:
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455:
447:
304:Blue Owl Capital
210:
207:
96:
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42:Headquarters at
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31:
24:
1730:
1729:
1725:
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1723:
1721:
1720:
1719:
1680:
1679:
1678:
1673:
1659:Angel investors
1595:
1546:High-yield debt
1499:financial terms
1498:
1492:
1407:
1335:
1316:Startup company
1272:
1226:
1220:
1177:
1129:
1127:venture capital
1120:
1083:
1082:
1079:
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1063:
1061:
1060:. June 11, 2020
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795:Singh, Preeti.
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420:Port of Geelong
375:
365:to acquire the
338:Port of Geelong
316:
262:Macquarie Group
258:Blackstone Inc.
254:
218:
204:
193:
173:
169:
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135:
122:55 Hudson Yards
113:
107:Michael Dorrell
92:
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55:
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44:55 Hudson Yards
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1478:Family offices
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1463:Merchant banks
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1373:
1371:Management fee
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1343:
1341:
1337:
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1334:
1333:
1328:
1323:
1318:
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1308:
1303:
1298:
1293:
1288:
1286:Angel investor
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1123:Private equity
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1077:External links
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315:
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302:In July 2023,
291:Bloomberg News
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233:infrastructure
220:
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163:Private credit
159:Private equity
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1331:Venture round
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1192:
1191:Early history
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917:
911:
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905:
893:. May 5, 2021
892:
891:Bloomberg.com
888:
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681:
680:Bloomberg.com
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623:Bloomberg.com
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314:Notable deals
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25:
19:
1591:Vintage year
1516:Capital call
1488:Crowdfunding
1423:Corporations
1326:Venture debt
1062:. Retrieved
1057:
1048:
1036:. Retrieved
1032:
1022:
1010:. Retrieved
998:
988:
976:. Retrieved
972:
962:
950:. Retrieved
946:
936:
924:. Retrieved
919:
895:. Retrieved
890:
881:
869:. Retrieved
865:
838:. Retrieved
826:
816:
804:. Retrieved
800:
775:. Retrieved
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1376:Pledge fund
1168:Secondaries
732:Real Assets
430:Xplore Inc.
347:to acquire
237:real estate
175:Real estate
1684:Categories
1541:Envy ratio
1448:Endowments
1311:Seed money
1225:Terms and
973:www.ft.com
451:"Form ADV"
437:References
425:Teekay LNG
356:Teekay LNG
252:Background
134:Key people
53:Trade name
1511:Cap table
1416:Investors
1340:Structure
1158:Mezzanine
1146:Leveraged
1007:0099-9660
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260:from the
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390:CoreSite
331:TPG Inc.
266:spun off
155:Products
101:Founders
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1571:M&A
1278:Venture
1183:History
1153:Venture
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866:Reuters
650:Reuters
400:Intrado
385:Cologix
320:Cologix
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1196:1980s
454:(PDF)
329:from
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1349:and
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1125:and
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