Stonepeak closed its first Real Estate Partners fund with $764 million in equity.
Significant contributions came from investors such as the Texas Municipal Retirement system, with a commitment of $150 million.
Stonepeak Real Estate Partners is a value-added and opportunistic fund that targets opportunities at the intersection of infrastructure and real estate in the United States. These property types include data centers, healthcare, industrial, logistics, medical offices. The fund was launched in July 2022 and initially had a fundraising goal of $1.5 billion.
In August, Stonepeak held a final close for its middle-market infrastructure fund, Stonepeak Opportunities Fund, with $3.15 billion of commitments.
For more information about this fund and others, visit the IREI.Q database.
