Acquisition · Activity not yet classified
Cleco Group
Transaction overview
Announced
Exact closing date not established.
On April 27, 2026, Stonepeak and Bernhard Capital Partners announced an agreement to acquire Cleco Group from a consortium of Macquarie Asset Management, British Columbia Investment Management Corporation and Manulife Investment Management. The transaction was subject to regulatory approvals. Stonepeak was expected to hold the majority interest after closing; the source does not specify Bernhard’s percentage or confirm completion.
Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.
Source evidence
- Stonepeak and Bernhard Capital Partners to Acquire Cleco ↗
Bernhard Capital Partners · Published Apr 27, 2026
The April 27, 2026 release explicitly names Bernhard as a co-buyer of Cleco with Stonepeak, subject to regulatory approval, and specifies Stonepeak’s proposed majority interest. Its footer identifies BCP and Bernhard Capital Partners as trademarks of Bernhard Capital Partners Management LP; attribution is to the sponsor-manager, not an asserted balance-sheet buyer.