Simpson Thacher represented Stonepeak Partners (“Stonepeak”) in the establishment of the first vintage of Stonepeak Opportunities Fund (the “Fund”). The Fund targets core-plus and value-add opportunities in the middle-market infrastructure sector, including control investments as well as structured capital solutions, with a focus on communications, transport and logistics, and energy and energy transition assets in North America and Europe. Stonepeak has announced that the Fund closed with $3.15 billion (excluding capital commitments from Stonepeak and its professionals), exceeding its original target of $2.5 billion.
The Simpson Thacher team representing Stonepeak included Jonathan Karen, Deborah Gruen, Albi Kocibelli, Mark Guffanti, Javier J. Rivera-Alvarado, Peter Thomas, Wivine Labarre, Tom Berg, Richard Zhang, Shuchen Gong, Oliver Kwon, Ysabel Cubos, Zachary Krause, Mariana Lozano Villarreal, Siqi Zhao, Yifan Cao, Juan A. Olavarria and Cullen Bryant (Corporate); Jonathan Goldstein, Jacqueline Clinton, Preston Irace, Mohanad Salaimi and Benjamin Bressler (Tax); Jeanne Annarumma (ERISA); and Jen Levitt and Tom Howland (Credit).