Meridian recently received a significant commitment from Stonepeak that is coupled with equity commitments from members of our founding management team. We believe our financial relationship with Stonepeak, together with our combined investing, operating and technical expertise, positions us to develop a leading marine terminaling and storage franchise.
Stonepeak is a leading alternative investment firm specializing in infrastructure and real assets with more than $70 billion of assets under management (as of March 31, 2024). Through its investment in defensive, hard-asset businesses globally, Stonepeak aims to create value for its investors and portfolio companies, with a focus on downside protection and strong risk-adjusted returns. Stonepeak, as sponsor of private equity and credit investment vehicles, provides capital, operational support, and committed partnership to grow investments in its target sectors, which include communications, energy and energy transition, transport and logistics, and real estate. Stonepeak is headquartered in New York with offices in Hong Kong, Houston, London, Singapore, and Sydney. For more information, please visit www.stonepeak.com.