Stonepeak says it has raised $3.3bn at the close of its Asia Infrastructure Fund.

The fund is a portfolio of infrastructure assets mainly within the communications, transport and logistics and energy sectors. It covers the Asia-Pacific region, including both developed and high-growth countries with investors including pensions, endowments, insurance companies, and  large institutions.

Hajir Naghdy, Senior Managing Director and Head of Asia and the Middle East at Stonepeak, said, “The strong demand for this fund underscores Asia’s compelling long-term economic and demographic tailwinds, and is a resounding acknowledgement by our partners, including many of the world’s most sophisticated investors, that Stonepeak’s team is well positioned to capitalize on the associated investment opportunities.”

END