Credit
Stonepeak’s credit team provides solutions to sponsors and companies across the infrastructure landscape through private credit solutions and opportunistic credit strategies.
The powerful combination of Stonepeak’s experience, scale, independence, integrated global platform, deep sector specialization, and extensive industry relationships offers investors and borrowers the potential for differentiated outcomes and tailored credit solutions.
How we invest
Stonepeak seeks to build a diverse portfolio of credit
investments across our core areas of focus which include
digital infrastructure, energy and energy transition,
transportation and logistics, and social infrastructure.
In evaluating credit opportunities, we prioritize:
- Real asset-based businesses with downside protection and high barriers to entry
- Enterprises that exhibit infrastructure-like characteristics
- Cash yield
- Opportunities to invest flexibly across the capital structure
Stonepeak invests in a wide array of credit solutions including:
Stonepeak Credit targets
investments backed by
mission-critical infrastructure.
Our credit team prides itself on
being a dependable capital
partner to borrowers across
the infrastructure landscape.
Stonepeak’s credit team has invested in areas including data centers, fiber, aircraft finance, power generation, midstream energy, and social infrastructure.
Leveraging our extensive industry relationships, experience, and the broader Stonepeak platform, the credit team is focused on sourcing a differentiated pipeline of investment opportunities that are underpinned by core credit underwriting fundamentals:
- Investing in industries and businesses we know well
- Underwriting conservatively, strategically, and with discipline
- Generating value for our investors with strong downside protection
Meet the team
Michael is a Senior Managing Director at Stonepeak and a member of the Credit Investment Committee. Prior to joining Stonepeak, Michael served as co-head of BlackRock’s Direct Lending and Special Situations investment practice. Prior to its acquisition by BlackRock, Michael was a Managing Partner at Tennenbaum Capital Partners (TCP), a specialist private performing credit and special situations manager with $9 billion of committed client capital as of its acquisition by BlackRock. During his tenure at TCP, Michael also served as a member of its Management Committee and a past Chairman of the Investment Committee and helped build the firm into a well-established entity in the broader communication services and infrastructure sectors.
Ryan is a Senior Managing Director at Stonepeak and a member of the Credit Investment Committee. Prior to joining Stonepeak, Ryan covered the energy and infrastructure sectors for King Street, a New York-based hedge fund focused on distressed, special situations, and event driven credit investing. Prior to King Street, Ryan worked in the Energy group at TPG Capital, a large global private equity firm. Ryan started his career in Credit Suisse’s Energy Investment Banking group.
