Deals
Stonepeak Infrastructure Raises $6.2 Billion for Fourth Fund
- Firm is targeting $10 billion, expects second close in July
- Forty-five investors participate in the fund’s first close
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Stonepeak Infrastructure Partners completed an initial money-raising push for its fourth fund, collecting $6.2 billion.
The ultimate target for Stonepeak Infrastructure Fund IV LP is $10 billion, according to a memo to pension funds and other investors seen by Bloomberg. Most of the 45 investors who participated in the so-called first close had previously invested with the firm.