On November 12, 2024, Stonepeak Infrastructure Partners announced its agreement to acquire Boundary Street Capital, LP.
Stonepeak Infrastructure Partners (“Stonepeak”) announced, on November 12, 2024, its agreement to acquire Boundary Street Capital, LP (“Boundary Street”). The transaction is expected to close in the fourth quarter of 2024. Further terms of the deal were not disclosed.
Stonepeak, based in New York, is an alternative investment firm specializing in infrastructure and real assets. As of November 2024, Stonepeak had approximately $70 billion in assets under management.
Boundary Street, based in Alexandria, Virginia, is a private credit investment manager focused on providing flexible capital solutions to lower middle market technology and telecommunications businesses. As of November 2024, Boundary Street had approximately $700 million in capital commitments.
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