Paul, Weiss is advising Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, on the financing aspects of its joint venture with CMA CGM Group, a global player in sea, land, air and logistics solutions, to launch UNITED PORTS LLC. The joint venture will acquire 10 of the major CMA CGM-operated port terminals worldwide. Stonepeak will invest $2.4 billion in the endeavor for a 25% stake.

As part of the transaction, Stonepeak will have the opportunity to contribute an additional $3.6 billion in funding for future joint terminal projects. The deal is expected to close in the second half of 2026, subject to customary closing conditions.

The Paul, Weiss team is led by corporate partners Eric Wedel, Ben Steadman and Caroline Epstein and includes tax counsel Samir Kurani.