Stonepeak Makes Additional $570M Investment In Coresite

Oct 31, 2022•almost 3 years ago

Amount Raised

$570 Million

New York

Description

Stonepeak, an alternative investment firm specialising in infrastructure and real assets, has invested an additional $570.0 million in CoreSite, a hybrid IT solutions provider and subsidiary of American Tower Corporation.

Company Information

Company

Stonepeak

Location

New York, New York, United States

About

Stonepeak is a leading alternative investment firm specializing in infrastructure and real assets with approximately $37 billion of assets under management. Through its investment in defensive, hard-asset businesses globally, Stonepeak aims to create value for its investors and portfolio companies, and to have a positive impact on the communities in which it operates. Stonepeak sponsors investment vehicles focused on private equity and credit. The firm provides capital, operational support, and committed partnership to sustainably grow investments in its target sectors, which include communications, energy transition, power and renewable energy, transport and logistics, and water. Stonepeak is headquartered in New York with offices in Houston, Austin and Hong Kong. For more information, please visit https://stonepeakpartners.com/.

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