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US investment firm Stonepeak debuts infrastructure fund for high-net-worth investors
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US investment firm Stonepeak debuts infrastructure fund for high-net-worth investors
Dec 3, 2024 7:16 AM

Dec 3 (Reuters) - Investment firm Stonepeak debuted an

infrastructure fund on Tuesday, targeting individuals with at

least $5 million in investments as private equity firms expand

their fundraising efforts beyond institutional investors.

Stonepeak specializes in infrastructure and real assets,

investing capital on behalf of investors, including public and

private pension funds, insurance companies, endowments and other

large institutions from around the world.

The New York-based firm filed a registration for the

Stonepeak-Plus Infrastructure Fund LP, which will focus on

transportation logistics, digital infrastructure, and energy

infrastructure sectors, according to a filing.

Private wealth has gained attention from major private

equity players like Blackstone, KKR, which have

established infrastructure vehicles to raise money from wealthy

investors.

It had about $70 billion of assets under management, as of

June 30, 2024.

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