Stonepeak completed the investment in Equalbase.

Stonepeak, an alternative investment firm specializing in infrastructure and real assets, completed the investment in Equalbase, an integrated development and management platform focused on the logistics sector across Asia Pacific. Financial terms were not disclosed. "We believe the Asia Pacific region presents significant opportunities for investment in Grade A modern logistics assets as the market continues to exhibit favorable supply-demand dynamics and sustained structural tailwinds. We look forward to working closely with Equalbase’s seasoned management team on initial projects in South Korea and Malaysia, and to continuing Stonepeak’s momentum in Asia Pacific as we aim to identify additional compelling infrastructure assets and platforms across the region," Hajir Naghdy, Stonepeak Senior Managing Director and Head of Asia and the Middle East.