Stonepeak, an alternative investment firm focused on infrastructure and real assets, announced an investment in Aura Holdings, a retirement village developer and operator based in Queensland, Australia.
Stonepeak’s investment, alongside a committed development facility with senior domestic lenders, provides up to A$1 billion of available capital to support Aura’s development pipeline and drive its next phase of growth.
Founded in 2016 by retirement sector executives Tim Russell and Mark Taylor and led by CEO Sean Graham, Aura develops retirement apartments and community facilities in infill locations across southeast Queensland. The company has completed six retirement villages totaling nearly 800 units, with six additional projects in its near-term pipeline and more than 10 in early development.
The transaction marks Stonepeak’s second platform investment in the retirement village sector across Australia and New Zealand, following its acquisition of Arvida Group Limited in November 2024. Additional terms of the Aura transaction were not disclosed, and the deal has closed.
Stonepeak manages approximately A$120 billion (US$84 billion) in assets under management and invests globally in digital infrastructure, energy and energy transition, transport and logistics, and real estate. Aura operates as a vertically integrated retirement living platform with 40 personnel headquartered in Brisbane and has a pipeline of more than 2,000 apartments over the next five years, including one development that broke ground in September 2025.
KEY QUOTES
“We are pleased to partner with the Aura team and utilize our flexible, long-term capital to expand Aura’s development platform by executing on their significant pipeline of new retirement village projects. Aura is well-positioned to serve Australia’s retirees given its premium portfolio spanning desirable retirement destinations, proven development track record, and experienced leadership team, who bring a deep understanding of what matters most to seniors.”
Darren Keogh, Senior Managing Director at Stonepeak
“We are delighted to welcome Stonepeak as our capital partner in this exciting new chapter for Aura. Stonepeak see the value in a first-class and growing operating platform. Stonepeak’s investment gives Aura the runway to accelerate its strategy of adding much-needed, age-appropriate housing in areas grossly lacking suitable downsizing options for locals.”
Tim Russell, Co-Founder of Aura Holdings
“Stonepeak’s long-term approach to partnering and working with its portfolio companies, deep experience and relationships in the retirement sector, and clear plan for value creation give us tremendous confidence in Aura’s future. Together, we are poised to continue setting the standard in retirement living in Australia.”
Sean Graham, Chief Executive Officer of Aura Holdings
