Morgan Stanley Infrastructure Partners Completes Sale of Investment in Chicago Parking Meters
Business Wire•21/10/2026•17:50 ET
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Key Highlights
- ➤Morgan Stanley Infrastructure Partners completed sale of Chicago Parking Meters to Stonepeak.
- ➤Chicago Parking Meters operates more than 38,000 metered parking spaces.
- ➤CPM invested in electronic pay stations, customer service and ParkChicago app.
- ➤MSIP has approximately $17 billion in capital commitments since inception.
Expert Statements
Jim Wilmott, Managing Director for Morgan Stanley Infrastructure Partners
“Over the course of our ownership in CPM, MSIP has been able to execute on key value creation levers and grow the business into a leading parking concession with best-in-class management, technology and operations”
Morgan Stanley Infrastructure Partners Completes Sale of Investment in Chicago Parking Meters
Morgan Stanley Investment Management (MSIM), through investment funds managed by Morgan Stanley Infrastructure Partners (MSIP), its private infrastructure investment platform, together with its partners Allianz and a wholly owned subsidiary of the Abu Dhabi Investment Authority today announced the completion of the sale of Chicago Parking Meters, LLC (CPM) to Stonepeak.
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