US-based Stonepeak raises $2.5b for maiden Asia-Pacific fund

US-based Stonepeak raises $2.5b for maiden Asia-Pacific fund

Photo by David Martin on Unsplash

US infrastructure and real estate investment firm Stonepeak has so far raised $2.5 billion for its maiden Asia-Pacific fund, its filing with the US Securities and Exchange Commission showed.

The fund, Stonepeak Asia Infrastructure Fund LP, has already received commitments from at least 13 investors and is just $500 million away from its $3-billion target. The firm has also raised $312 million for a parallel fund, Stonepeak Asia Infrastructure Fund (Lux) SCSp.

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