Stonepeak, an alternative investment firm specialising in infrastructure and real assets, has held the final close of Stonepeak Infrastructure Fund IV (Fund IV) with USD14 billion of aggregate capital commitments.
The fund received commitments from a diverse group of more than 150 global investors from 23 different countries with strong support from both existing and new investors. Approximately 57 per cent of total commitments came from existing partners. Following the final close of the Fund, Stonepeak’s assets under management totalled USD46 billion.
Stonepeak Infrastructure Fund III, which closed with USD7.2 billion in capital commitments after targeting USD5 billion, was raised in 2018.
Read more: Private Equity Wire
