Stonepeak closes fourth infrastructure fund at $14bn

New York-based Stonepeak held its final close of its fourth North American-focused infrastructure strategy with $14 billion in investor commitments, almost double the size of its predecessor fund that closed in 2018.

Stonepeak Infrastructure Fund IV is consistent with previous offerings in the series in that it targets communications, transport and logistics, and energy transition sectors across North America.

Stonepeak CEO, Chairman and Co-Founder Michael Dorrell, said that the firm looks forward to continuing to grow businesses in areas “where macro tailwinds are strongest and where our operational focus can make the . . .

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