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Infrastructure is now a well established asset class among investors

Amidst the debris of the global financial crisis, Michael Dorrell and Trent Vichie embarked on a tumultuous journey. Their vision was audacious: to establish an infrastructure fund that would weather the storm of economic uncertainty. Little did they know, their New York-based venture, Stonepeak, would become emblematic of resilience and success in the face of adversity.

In the beginning, Dorrell and Vichie grappled with numerous formidable challenges. The aftermath of the financial crisis cast a long shadow over the infrastructure sector, as it did with all other asset classes. Yet, undeterred by the prevailing pessimism, they pressed forward with unwavering determination.

Stonepeak's ascent from humble beginnings to managing a staggering $60 billion is a testament to Dorrell and Vichie's tenacity and foresight. Their bold decision-making propelled them to the forefront of the industry, where they now wield influence over significant global infrastructure assets.

The landscape of infrastructure investment continues to shift and change, and more importantly grow. Take a look at the chart below. With the sector now valued at over £1 trillion, competition has reached fever pitch despite rising interest rates.

It has become a well respected asset classes in the eyes of investors.

Source: Financial Times

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