Exclusive: US investor Stonepeak seeks to raise $4 billion for second Asia infrastructure fund, source says – Reuters

U.S. investment firm Stonepeak is reportedly aiming to raise $4 billion for its second Asia-focused infrastructure fund. This fund will target investments in essential infrastructure assets across the Asia-Pacific region, building on the success of its first fund. The strategy highlights continued investor interest in Asia’s growing infrastructure needs, spanning sectors like transportation, energy, and digital infrastructure. Stonepeak’s move reflects a broader trend of private equity firms seeking to capitalize on long-term growth opportunities within Asia’s infrastructure landscape.

News summary provided by Gemini AI.