MS · News · 20261021N

Chicago Parking Meter Sale

MORGAN STANLEY · 2026-10-21 · Importance 31 · Surprise 60

Morgan Stanley Investment Management, through Morgan Stanley Infrastructure Partners, completed the sale of Chicago Parking Meters, LLC to Stonepeak on October 21, 2026. Allianz and a wholly owned subsidiary of the Abu Dhabi Investment Authority participated as Morgan Stanley’s partners in the transaction. Chicago Parking Meters operates and maintains more than 38,000 on-street metered parking spaces, including nearly 10,000 in downtown Chicago, and has invested in electronic pay stations, a 24-hour customer service center, and the ParkChicago app.

Key facts

• Morgan Stanley Investment Management, through investment funds managed by Morgan Stanley Infrastructure Partners, together with partners Allianz and a wholly owned subsidiary of the Abu Dhabi Investment Authority completed the sale of Chicago Parking Meters, LLC (CPM) to Stonepeak. source
• Chicago Parking Meters, LLC (CPM) operates more than 38,000 metered parking spaces, including nearly 10,000 in downtown Chicago. source