Stonepeak has closed its middle-market infrastructure fund, Stonepeak Opportunities Fund, with $3.15 billion of commitments. The fund was meaningfully oversubscribed relative to its original $2.5 billion target and closed at its revised hard cap, with commitments coming from a diverse group of global investors.
Stonepeak Opportunities Fund targets core-plus and value-added opportunities in the middle-market infrastructure sector, including control investments as well as structured capital solutions. The focus is on communications, transport and logistics, and energy and energy-transition assets in North America and Europe.
The fund already has committed more than 40 percent of its capital to six investments.
“Sourcing high-quality, mid-market infrastructure investments requires a nimble, creative approach to origination and a deep understanding of various industry themes and dynamics — both areas that we believe set Stonepeak apart, particularly when combine