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Dorrell flags Stonepeak IPO, but not until it’s a financial giant

Joanne Tran

Stonepeak, the Wall Street infrastructure investment giant founded by former Macquarie banker Mike Dorrell, ultimately will go public, but only once the company is big enough to withstand market turbulence.

Dorrell has grown Stonepeak into a $100 billion energy, transport and digital infrastructure manager over 15 years, with listed credit products on the ASX. The company previously has said it was assessing whether to offer more such products.

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