Stonepeak, the $135 billion New York-headquartered infrastructure investing giant, is off to a flying start on its quest to raise $100 million for a new listed investment trust to bet on debt opportunities on its patch.
Its brokers have locked in $55 million in cornerstone commitments for the new ASX-listed fund, dubbed Stonepeak-Plus INFRA2 Trust, after scaling back excess demand, sources said on the condition of anonymity. It is expected to hit the ASX under the ticker SP2 in December.
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