Stonepeak to acquire Boundary Street Capital.

Stonepeak, an alternative investment firm specializing in infrastructure and real assets, agreed to acquire Boundary Street Capital, a specialist private credit investment manager focused on the digital infrastructure. Financial terms were not disclosed. “We continue to see compelling investment opportunities within the credit space, especially as it relates to digital infrastructure, which has long been one of Stonepeak’s most active sectors. Over the last several years, we’ve made thoughtful investments to further build out our credit platform, including the addition of Michael Leitner as a Senior Managing Director in 2023. As we have built out the broader credit organization and successfully deployed capital across the capital stack into world-class infrastructure portfolio companies, the team has continued to excel. The acquisition of Boundary Street is a natural next step in the growth of the firm and the evolution of Stonepeak Credit. We are excited for what this transaction means for our limited partners and look forward to having the Boundary Street team onboard," Jack Howell, Stonepeak Co-President.