Stonepeak Wins Equity Fund Manager of the Year, North America
Deal News | Dec 12, 2024 | Stonepeak
In 2024, Stonepeak was awarded the title of Equity Fund Manager of the Year, North America, by IJGlobal at the IJInvestor Awards. The firm had a dynamic year, making significant strides in various sectors such as digital infrastructure, energy, transportation, logistics, and real estate. Notably, Stonepeak executed 12 investments across North America. Among its notable achievements was the $7.4 billion acquisition of Textainer, a major intermodal container leasing company. This transaction earned the firm the Transport Acquisition of the Year, North America award. Despite these accolades, Stonepeak cautions that the awards are based on IJGlobal's criteria, which may not reflect the firm's overall performance or guarantee future profitability. The awards do not necessarily endorse the value of the investments made.
Sectors
- Private Equity
- Transportation and Logistics
- Digital Infrastructure
- Energy and Energy Transition
- Real Estate
Geography
- North America – The awards and major investments discussed pertain to the North American region, making it a focal geographical area for Stonepeak in 2024.
Industry
- Private Equity – Stonepeak's recognition in the IJInvestor Awards showcases its role and impact within the private equity sector, particularly through its management and investment strategies.
- Transportation and Logistics – The acquisition of Textainer, noted as the Transport Acquisition of the Year, highlights Stonepeak's activities in transportation and logistics.
- Digital Infrastructure – Stonepeak's focus on digital infrastructure investments throughout 2024 represents its involvement in enhancing technological and telecommunication frameworks.
- Energy and Energy Transition – The firm's investment activities include substantial involvement in energy and energy transition projects, crucial for future sustainable growth.
- Real Estate – Stonepeak's investments in real estate form a part of its diverse sector strategy, which contributed to its award recognition.
Financials
- $7.4 billion – The purchase price for the acquisition of Textainer by Stonepeak.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Stonepeak | Private Equity Firm | Company | A private equity firm recognized for its investments and strategy in various infrastructure sectors. |
| Textainer | Target Company | Company | One of the world's largest lessors of intermodal containers, acquired by Stonepeak. |
| IJGlobal | Awarding Body | Company | An organization recognizing excellence in infrastructure investment globally, responsible for the IJInvestor Awards. |