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Organization
3 Months Ended
Mar. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Organization Organization
Stonepeak-Plus Infrastructure Fund LP (the “Partnership”), is a Delaware limited partnership which was formed on
April 29, 2024. The Partnership is governed by its Amended and Restated Limited Partnership Agreement dated as of May 2,
2025 (as amended, restated and/or supplemented from time to time, the “Partnership Agreement”). The Partnership was initially
formed under the name “Stonepeak Access Fund LP” and has changed its name pursuant to an amendment to the certificate of
limited partnership of the Partnership, as filed in Delaware on October 15, 2024, to “Stonepeak-Plus Infrastructure Fund LP”.
The Partnership is a private fund exempt from registration under Section 3(c)(7) of the Investment Company Act of 1940, as
amended (the “1940 Act”). Stonepeak-Plus Infrastructure Fund Advisors LLC (the “Investment Advisor”), is the investment
advisor of the Partnership. The Investment Advisor is a registered investment advisor with the U.S. Securities and Exchange
Commission (the “SEC”) under the Investment Advisers Act of 1940 (the “Advisers Act”) by virtue of being a relying adviser
of one of its affiliates. As of March 31, 2025, the Partnership has the authority to issue unlimited Units of all classes of Units
and had not commenced operations. The Partnership’s initial closing date will be the date on which the Partnership accepts its
first third-party investors and begins investment operations (the “Initial Closing Date”). As of March 31, 2025, the Partnership
has not accepted third-party investors.
Stonepeak-Plus Infrastructure Fund (TE) LP (the “Feeder Fund”), a Delaware limited partnership, is a feeder vehicle for
the Partnership. The Feeder Fund intends to invest all or substantially all of its assets in the Partnership. The Feeder was
established for certain investors with particular tax characteristics, such as tax-exempt investors and certain non-U.S. investors.
Stonepeak-Plus Infrastructure Fund Associates LP, (the “General Partner”), may create one or more parallel vehicles
established by, or at the direction of, the General Partner or any Affiliate thereof to invest alongside the Partnership in
Stonepeak-Plus Infrastructure Fund Master Aggregator LP, (the “Master Aggregator”), a Cayman Islands exempted limited
partnership, or any other Intermediate Entity, (collectively, “Parallel Funds”) to accommodate legal, tax, regulatory,
compliance, or certain other operational requirements which will generally co-invest (either directly or indirectly) in its
investments with the Partnership on a pro rata basis. The General Partner may, in its sole discretion, cause the Partnership to
hold certain investments directly or indirectly through (i) one or more corporations or (ii) one or more limited liability
companies or limited partnerships or other similar entities (each, a “Lower Fund” and together with any corporation, and 
including  Stonepeak-Plus  Infrastructure  Fund  Aggregator  I  LP, the Master Aggregator and any other vehicle(s) used to
aggregate the holdings of the Fund and any Parallel Funds, “Intermediate Entities”). Overall responsibility for the Partnership’s
oversight rests with the General Partner, subject to certain oversight rights held by the Partnership’s Board of Directors (the
“Board of Directors” or “Board”).
The Partnership’s investment objective is to deliver strong total returns, with a focus on capital appreciation and
generating current income through its investments. The Partnership seeks to achieve this investment objective by providing
access to the talent and investment capabilities of the investment program designed to offer eligible individuals access to
Stonepeak’s infrastructure platform (the “Stonepeak Platform”) to create an attractive portfolio of diversified alternative 
infrastructure and infrastructure-related investments primarily in, or alongside, other investment vehicles managed by the
Investment Advisor or affiliated investment advisors.
The Partnership entered into a services agreement with SS&C (the “Administrator”), under which the Administrator
provides various accounting and administrative services to the Partnership. Administrative services may include maintenance of
the Partnership’s books and records, processing of investor transactions, and calculation of the net asset value (the “NAV”).
Administrative services will commence once the Partnership commences operations. As of March 31, 2025, the Partnership had
not commenced operations and no Administration Fee was accrued or paid during the period ended March 31, 2025.
The Partnership expects to conduct a continuous private offering (the “Private Offering”) of its units in reliance on
exemptions from the registration requirements of the Securities Act of 1933 (as amended, the “Securities Act”) to investors that
are both (i) accredited investors (as defined in Regulation D under the Securities Act) and (ii) qualified purchasers (as defined
in the 1940 Act and rules thereunder). The Partnership is structured as a perpetual-life strategy, with monthly, fully funded
subscriptions and periodic repurchase offers, which enables investors to gain exposure to private markets asset classes, such as
infrastructure and real assets.