Macquarie Asset Management has raised over €8 billion for its latest European infrastructure fund.
The firm said Macquarie European Infrastructure Fund 7 (MEIF7), which reached its final close last month, attracted commitments from more than 100 pension funds, insurers, sovereign wealth funds, asset managers and fund-of-funds investors.
Macquarie said around 92% of MEIF7’s commitments came from investors that previously invested with the fund manager. The strategy also attracted commitments from 24 investors new to the asset manager’s platform.
MEIF7 targets infrastructure companies aligned with decarbonisation, digitalisation, circular economy and demographic shifts. Already, the fund has backed VIRTUS Data Centres, car parking sites and garage developer Best in Parking and UK independent energy utility infrastructure provider Last Mile Infrastructure.
Source: realassets.ipe.com on the 22nd of January
https://realassets.ipe.com/news/macquaries-latest-european-infrastructure-fund-closes-at-8bn/10071127.article