Stonepeak

What Stonepeak does

Stonepeak is a leading international alternative investment firm founded in 2011 and headquartered at 55 Hudson Yards, New York, that specializes in infrastructure and real assets, managing approximately $88 billion in assets under management as of December 2025 across 100+ investments in 60+ countries with 360 global staff. The firm invests on behalf of 330+ institutional investors — including public pensions, sovereign wealth funds, endowments, and large institutions — across a multi-strategy platform comprising six infrastructure strategies (Diversified North American, Infrastructure Opportunities, Diversified Asia Pacific, Global Core, Global Renewables, and Catalyst for energy transition), a Real Estate strategy targeting infrastructure-like assets in supply chain, residential, healthcare, and technology, and a Credit pillar (Stonepeak Infrastructure Credit and Stonepeak Digital Credit) with $3.0B AUM as of December 2025. Portfolio highlights span digital infrastructure (Cologix, Astound Broadband, Digital Edge, Cirion, Princeton Digital Group, Montera, euNetworks, DELTA Fiber, Cellnex Nordics, GTA), transport and logistics (Lineage Logistics, TRAC Intermodal, Textainer, IFCO, GeelongPort, ATSG, Equalbase, Rinchem, Aviation Platform), and energy and energy transition (Castrol, Cleco, Woodside Louisiana LNG, Coastal Virginia Offshore Wind, Kingdom BESS, KAPS Pipeline, Seapeak, Synera, Maas Energy Works, Ørsted U.S. Onshore Wind, Repsol U.S. Renewables, Madison Energy Investments).

Name

Stonepeak

Legal name

Stonepeak Partners LP

Website

https://stonepeak.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

251–500 employees

Short description

Stonepeak is a private alternative investment firm managing ~$88B in infrastructure and real assets across 100+ investments in 60+ countries, deploying capital on behalf of 330+ institutional LPs through equity, credit, and wealth solutions strategies.

Ownership category

akta.pro rank

Product category

Infrastructure Investment Management

NAICS

Funds, Trusts, and Other Financial Vehicles (525), Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282), Investors, Nec (6799)

akta.pro primary industry

Core Infrastructure Funds (Transport, Social, Digital, Utilities) (FSANAEAA)

akta.pro secondary industries

Digital Infrastructure Funds (Data Centers, Fiber, Towers) (FSANAEAM), Infrastructure Debt Funds (FSANAEAL)

Keywords

• Infrastructure investment management
• Alternative asset management
• Private credit lending
• Infrastructure private equity
• Real assets investing

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices11 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Asset Management / Fund Management Fees: Recurring management fees charged on ~$88 billion of assets under management across multiple infrastructure, real estate, and credit fund strategies, collected from pension funds, endowments, and institutional LPs.
2. Carried Interest / Performance Fees: Performance-based economics earned on successful exits and realizations across the infrastructure and real estate portfolio, including notable realizations such as Madison Energy (Feb 2023), Carlsbad Desalination, MPLX (May 2024), Plains All American (Aug 2024), Whistler (Feb 2023), Targa Resources (May 2022), Hygo (Apr 2021), Vertical Bridge (Aug 2021), West Texas Gas (Oct 2024), Tidewater (Dec 2018), Dominion Midstream (Jan 2019).
3. Private Credit Interest Income: Direct lending and structured credit interest spreads earned through Stonepeak Credit strategies ($3.0bn AUM as of Dec 2025), including first lien, unitranche, second lien, HoldCo, construction/equipment-backed financing, secured/unsecured bonds, and ABS.
4. Wealth Solutions Distribution Fees: Distribution and management fees from offering private infrastructure and credit investment opportunities through the dedicated wealth solutions platform to individual investors and RIAs.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels11 records

Core offering

Stonepeak is a private alternative investment firm that raises and manages institutional capital for investment in infrastructure and real assets. It deploys capital across multiple fund strategies covering digital infrastructure, transport and logistics, energy and energy transition, real estate, and private credit, acquiring majority or significant stakes in operating companies (e.g., data centers, fiber networks, pipelines, LNG terminals, cold storage, ports, broadband, retirement villages, utilities) and managing them as portfolio platforms on behalf of pension funds, endowments, sovereign wealth funds, and other large institutions.

Product overview

Stonepeak is a leading international alternative investment firm that specializes in infrastructure and real assets, managing approximately $88 billion in assets under management across 100 investments in more than 60 countries. Its product offering is organized as a platform of investment strategies rather than a single unified product: the Infrastructure pillar comprises six strategy vehicles (Diversified North American, Infrastructure Opportunities mid-market, Diversified Asia Pacific, Global Core, Global Renewables, and Catalyst for energy transition), the Real Estate pillar targets infrastructure-like assets across Supply Chain, Residential, Healthcare, and Technology sectors, and the Credit pillar offers Infrastructure Credit and Digital Credit strategies. These fund vehicles translate into a diversified portfolio of acquired brands and operating platforms — flagship portfolio highlights include Lineage Logistics (temperature-controlled warehousing REIT), TRAC Intermodal (US marine chassis), and Cologix (North American interconnection data centers), with more recent major platforms spanning Astound Broadband (US fiber, merging with GFiber), Digital Edge and Princeton Digital Group (Asia-Pacific data centers), Kingdom Energy Storage Platform (Japan BESS), Castrol (BP's lubricants majority stake), Cleco (Louisiana regulated electric utility), JET Tankstellen (Germany/Austria fuel retail), Anwim/MOYA (Polish fuel), BMO Transportation and Vendor Finance (North American truck/trailer financing), Woodside Louisiana LNG (40% interest), KAPS Pipeline (Canadian NGL pipeline), IFCO Systems (fresh produce pooled logistics), Textainer (intermodal container leasing), Cirion Technologies (Latin American digital infrastructure), GeelongPort (Australian port), Aura Holdings and Arvida (Australia/New Zealand retirement villages), ATSG (air cargo leasing), Montera Infrastructure (North American hyperscale data centers), Intrado (911 public safety communications), Rinchem (specialty chemical logistics), IOR (Australian fuel/logistics), Cellnex Nordics (telecom towers), JouleTerra and WahajPeak (European and Middle East renewable land platforms), and many more realized and unrealized investments across energy, transport & logistics, and digital infrastructure.

Differentiator

Problem solved

Functional benefit

Brands

• Stonepeak Aviation Platform: Diversified aviation investment platform created in partnership with Bellinger Asset Management; invests across sale leasebacks, secondary aircraft acquisitions, and aviation credit/structured equity.
• Stonepeak Infrastructure Logistics Platform
• Stonepeak Island Transition
• Kingdom Energy Storage Platform
• WahajPeak
• JouleTerra
• Montera Infrastructure
• Peregrine Cold Logistics
• Seapeak / Stonepeak Marine Platform
• Longview Infrastructure
• Stonepeak Credit
• Stonepeak Wealth Solutions

Products and services

• Diversified North American Infrastructure Core-plus and value-add infrastructure fund strategy targeting assets primarily across North America with a focus on digital infrastructure, transport & logistics, and energy & energy transition. Invested on behalf of institutional limited partners.
• Infrastructure Opportunities Mid-market core-plus and value-add infrastructure opportunity fund targeting North American and European investments in digital infrastructure, transport & logistics, and energy & energy transition.
• Diversified Asia Pacific Core-plus and value-add infrastructure fund strategy targeting assets across developed Asian markets in digital infrastructure, transport & logistics, and energy & energy transition.
• Global Core Core infrastructure fund strategy targeting assets in developed markets globally, focused on cash yields and long-term, inflation-linked revenue streams.
• Global Renewables Infrastructure fund strategy targeting primarily development and newbuild renewable energy assets within the solar and wind subsectors in developed markets globally, with a value-add approach to sourcing, structuring, and asset management.
• Catalyst (Energy Transition) Opportunistic infrastructure fund strategy targeting energy transition assets globally across renewable generation and low carbon fuels, emerging technologies and business models, transition supply chain, and transformation of hard-to-abate sectors.
• Stonepeak Real Estate Real estate fund strategy targeting opportunities at the intersection of infrastructure and real estate across four sectors: Supply Chain, Residential, Healthcare, and Technology, with infrastructure-like characteristics, durable cash flows, embedded demand drivers, and high barriers to entry.
• Stonepeak Infrastructure Credit Private credit fund strategy targeting investments collateralized by transportation and logistics, energy and energy transition, digital infrastructure, and social infrastructure assets, focused on real asset-based businesses providing essential services, downside protection, and strong asset-level unit economics.
• Stonepeak Digital Credit Private credit fund strategy targeting investments across the digital landscape, including digital infrastructure, technology-enabled services, AI, and software, with focus on majority senior secured credit, disciplined creditor rights, conservative loan-to-value, and substantial capital preservation.
• Stonepeak Wealth Solutions Dedicated wealth solutions platform providing individual investors and RIAs access to Stonepeak's private infrastructure and credit investment opportunities.

Quantifiable outcome

• ~$88 billion in assets under management as of December 2025
• +9 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators13 records

Recent moves31 records

Expansion highlights7 records

Direct peers

• Brookfield Asset Management: Brookfield is the world's largest pure-play infrastructure investor, managing roughly $200B+ in infrastructure AUM across transport, energy, digital, and utilities — the closest direct competitor to Stonepeak in core/core-plus infrastructure globally.
• Blackstone Infrastructure Partners: Blackstone Infrastructure is one of the largest infrastructure franchises globally (with $60B+ raised), pursuing core+ and megadeal infrastructure investments in data centers, energy transition, and transport — overlapping directly with Stonepeak's mandate and originating from the same Blackstone DNA as CEO Michael Dorrell.
• Macquarie Asset Management: Macquarie's infrastructure arm (MIRA / MAM) is one of the longest-tenured infrastructure managers globally, with deep energy, digital, and transport portfolios. Several Stonepeak senior leaders (Dorrell, Naghdy, Taylor) came from Macquarie, making it a direct talent and strategy peer.
• IFM Investors: IFM is a global infrastructure investor owned by Australian industry super funds, managing ~$200B+ AUM with a core infrastructure focus similar to Stonepeak's Global Core strategy across transport, energy, and digital assets globally.
• KKR Global Infrastructure: KKR's Global Infrastructure strategy invests across digital, energy, and transport infrastructure with a fund-and-co-invest model analogous to Stonepeak; the two firms compete head-to-head on data centers, renewables, and large carve-outs.
• Global Infrastructure Partners (BlackRock): GIP (now owned by BlackRock) is a top-tier infrastructure manager with $100B+ AUM focused on energy, transport, and digital infrastructure — direct mega-deal competitor to Stonepeak in LNG, midstream, and data centers.
• EQT Infrastructure: EQT Infrastructure is a European-headquartered infrastructure fund manager (raised €20B+ flagship) focused on digital, energy, and transport — directly comparable to Stonepeak in subsector mix and pan-regional strategy; former Stonepeak MD Richard Brode came from EQT.
• Antin Infrastructure Partners: Antin is a European-listed pure-play infrastructure manager (~€30B AUM) focused on digital, energy, and transport — overlapping with Stonepeak's subsectors and competing in the mid-to-large infrastructure deal space globally.
• I Squared Capital: I Squared Capital is a global infrastructure manager (~$40B AUM) focused on energy, utilities, transport, and digital infrastructure in the Americas, Europe, and Asia — directly comparable to Stonepeak's mid-market and core+ infrastructure strategy.

Emerging players

• DigitalBridge Group: DigitalBridge is a specialist digital infrastructure manager (former Colony Capital) with deep focus on data centers, towers, and fiber — a focused peer in Stonepeak's largest growth subsector, with overlap on key personnel (former Stonepeak MD Hayden Boucher came from DigitalBridge).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/stonepeak-partners
• Xx.com/stonepeak

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries60 records

Funding overview

Funding rounds3 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A37 records

Investments63 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Stonepeak