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US investor Stonepeak aims to raise $4 billion for second Asia infrastructure fund, source says
KKRKKR(US:KKR) Yahoo Finance·2025-09-25 08:15

(Refiles to fix advisory, adds data in paragraphs 13-14) By Yantoultra Ngui and Kane Wu SINGAPORE/HONG KONG (Reuters) -U.S.-based investor Stonepeak is seeking to raise as much as 4billionforitssecondAsiafocusedinfrastructurefund,asourcewithdirectknowledgeoftheplansaid,asinvestorsseekinglucrativelongtermreturnsdriveawaveofnewinvestmentsintheregion.Stonepeakexpectstoreach4 billion for its second Asia-focused infrastructure fund, a source with direct knowledge of the plan said, as investors seeking lucrative long-term returns drive a wave of new investments in the region. Stonepeak expects to reach 1 billion, or a quarter of its target, by the end of this month, four months after its launch ...