NUMBER OF THE DAY
US investor Stonepeak plans to raise this amount for its second Asia infrastructure fund – just one year after the first $3.3 billion fund.
🏗️ Infrastructure Gold Rush: Asia needs $1.7 trillion annually until 2030 for roads, ports, and power grids. KKR is already launching its third fund with a planned $6.4 billion, while I Squared is opening a Seoul office.
🔌 New Frontiers: Instead of just building bridges, funds are now backing data centers and cold storage facilities. Stonepeak is betting on cold storage to serve Asia’s growing protein consumption.
Watch: Asia’s rapid urbanization creates a “generational investment opportunity.” While Western infrastructure crumbles, US funds are building the future in Asia and reaping long-term returns.
The China Survival Guide for Western Businesses
Entity setup, WeChat strategy, hiring your first local team. 12+ years on the ground in Shanghai.
