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Michael Dorrell
Overview
- Source of Wealth
- Investing
- Industry
- Finance & Investments
- Residence
- New York, New York
Biography
Michael Dorrell is the cofounder and CEO of Stonepeak, an infrastructure investment firm with $76 billion in assets under management.
Stonepeak invests in logistics, energy and digital infrastructure businesses, from water desalination plants to gas pipelines and data center firms.
Blue Owl Capital invested $2 billion for a minority stake in Stonepeak in 2023, valuing the firm at around $15 billion.
Born and raised in Australia, Dorrell moved to New York in his mid-20s to help grow investment bank Macquarie's U.S. infrastructure business.
Following a decade at Macquarie and a brief stint at Blackstone during the Great Recession, Dorrell started Stonepeak in 2011.