The Virginia Retirement System (VRS) has committed $200 million to infrastructure funds managed by Meadow Partners and Stonepeak, according to investment correspondence.
Meadow Energy Ground Leases received $100 million as a separate account that will invest in ground leases that host above land power infrastructure. The fund aims to acquire and own land with power assets in the United States and United Kingdom.
Stonepeak Opportunities Fund II received $100 million for its closed-end strategy investing in mid-market diversified infrastructure, including energy transition, transportation/logistics and digital and social infrastructure assets in North America and Europe. This fund aims to raise $3.5 billion in capital. The Seattle City Employees’ Retirement System committed $20 million to the fund in early 2026. The fund’s predecessor, Stonepeak Opportunities Fund, raised
