Sumitomo Mitsui Trust Bank enters a strategic partnership with New Zealand-based infrastructure investor Morrison, taking a 15% stake as part of a deal valued at about $2 billion, according to multiple outlets. The partnership is designed to expand investment opportunities for Sumitomo Mitsui Trust Bank’s Japanese customers. By linking the Japanese bank’s client base with Morrison’s infrastructure investment platform, the arrangement is intended to provide access to new infrastructure-related opportunities. The sources describe the stake and the partnership’s purpose consistently, emphasizing that it focuses on cross-border investment access rather than specific project details. No additional terms, governance arrangements, or timelines are provided in the excerpts. Overall coverage agrees on the key elements: the 15% equity stake, Morrison’s New Zealand base, the approximate $2 billion scale of the partnership, and the goal of enabling Japanese customers to invest in fresh opportunities through the relationship.