Macquarie finalizes over $8 billion closure for infrastructure fund

Macquarie finalizes over $8 billion closure for infrastructure fund
Banking & Financial Services
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Wayne S Byres Independent Voting Director of MBL | Macquarie Group

Macquarie Asset Management has finalized the closure of Macquarie Infrastructure Partners VI (MIP VI), securing over $8 billion in total commitments. This figure includes more than $6.8 billion from fund commitments and an additional $1.3 billion through closed and funded co-investments in MIP VI portfolio companies. The current co-investment is anticipated to grow, adding to approximately $8 billion from previous MIP series.

MIP VI, part of Macquarie's unlisted infrastructure funds focused on the Americas, adheres to the investment strategy established by its predecessors. With a history of over 22 years in infrastructure investment within the region, this platform has engaged in more than 55 portfolio company investments and 26 realizations.

The Fund targets high-quality investments across various sectors such as transportation, digital infrastructure, utilities and energy, and waste management. Some of its recent investments include Diamond Infrastructure Solutions, SwyftFiber, TraPac Terminals, Montreal Metropolitan Airport, and Coastal Waste & Recycling.

Investor interest came from a broad array of global entities including public and private pension plans, insurance firms, sovereign wealth funds, and investment managers. A notable portion of these commitments—over 70%—originated from investors previously involved with Macquarie Asset Management’s Real Assets division. Half of these fund commitments were sourced from North American investors—the highest proportion for any MIP vintage to date.

Leigh Harrison, Head of Real Assets at Macquarie Asset Management stated: “We are grateful for the confidence that MIP VI investors have placed in us.” Karl Kuchel, CEO of Macquarie Infrastructure Partners added: “Our clients remain focused on allocating to infrastructure due to the sector’s ability to deliver stable returns as well as provide inflation protection and portfolio diversification benefits.”

Macquarie Asset Management stands as a leading entity in infrastructure investment with its Real Assets division managing about $209.9 billion across diverse platforms including infrastructure and green investments.

As per important notices by Macquarie Asset Management: None mentioned entities are authorized deposit-taking institutions under Australia's Banking Act 1959; their obligations do not equate deposits or liabilities of Macquarie Bank Limited which does not guarantee these obligations.

This release provides general information only about the Macquarie Group; it does not constitute advice or offer any financial products or services.