Australian & New York-Based Stonepeak Infrastructure Partners Chairman & Co-Founder Michael Dorrell Buys United States Florida Palm Beach 2-Arce Private Island Tarpon Island for $150 Million, Bought by Delaware-Registered MCI Properties LLC, Michael Dorrell is ex-Senior Managing Director of Leading Private Equity Firm Blackstone
30th May 2024 | Hong Kong
Australian & New York-based Stonepeak Infrastructure Partners Chairman & Co-founder Michael Dorrell has bought the United States Florida Palm Beach 2-arce private island Tarpon Island for $150 million (17/5/24), with the island bought by Delaware-registered MCI Properties LLC. Michael Dorrell was formerly a Senior Managing Director of leading private equity firm Blackstone. Michael Dorrell – Michael is the Chairman, CEO and Co-Founder of Stonepeak and is a member of the Stonepeak Executive Committee. He has been deeply involved in all phases of the firm’s development since its founding in 2011. Today, Michael directs Stonepeak’s strategy and investment decisions, and oversees the firm’s continued expansion into new regions and product areas. Michael has more than twenty years of experience investing in infrastructure. A longer-tenured investor in a relatively young and still maturing asset class, Michael has been a leader in infrastructure investing, successfully deploying capital across the entire landscape through economic cycles. Prior to forming Stonepeak, Michael was a Senior Managing Director in Private Equity and Co-Head of the Infrastructure Investment group at Blackstone. Before Blackstone, Michael worked for over a decade at Macquarie, where he started his career, first in Australia and later in New York where he took on roles of increasing responsibility within the firm and ultimately held the title of Senior Managing Director. Michael received a Bachelor of Laws and a Bachelor of Commerce, both from the University of New South Wales in Sydney.
“ Australian & New York-Based Stonepeak Infrastructure Partners Chairman & Co-Founder Michael Dorrell Buys United States Florida Palm Beach 2-Arce Private Island Tarpon Island for $150 Million, Bought by Delaware-Registered MCI Properties LLC, Michael Dorrell is ex-Senior Managing Director of Leading Private Equity Firm Blackstone “
Australian & New York-Based Stonepeak Infrastructure Partners Chairman & Co-Founder Michael Dorrell Buys United States Florida Palm Beach 2-Arce Private Island Tarpon Island for $150 Million, Bought by Delaware-Registered MCI Properties LLC, Michael Dorrell is ex-Senior Managing Director of Leading Private Equity Firm Blackstone
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