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tonepeak's inaugural Real Estate Partners fund secured $764 million in equity from investors, including a significant contribution of $150 million from the Texas Municipal Retirement system.

    The Stonepeak Real Estate Partners fund focuses on value-added and opportunistic investments at the intersection of infrastructure and real estate in the US. Target property types include data centers, healthcare facilities, industrial sites, logistics hubs, and medical offices. Launched in July 2022 with an initial target of $1.5 billion, the fund has since reached its goal.

    In related news, Stonepeak closed its middle-market infrastructure fund, Stonepeak Opportunities Fund, in August with a total of $3.15 billion in commitments. For more information on this and other funds, visit the IREI.Q database.