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Macquarie Asset Management raises $6.9bn for Americas infrastructure

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Macquarie Asset Management has closed its Macquarie Infrastructure Partners V (MIP V) Americas infrastructure investment fund after raising $US6.9 billion - exceeding its $US5 billion target.

The MIP V fund will invest in companies across areas like utilities, energy, transportation and digital communications - including data centres - and is expected to be US-focused.

“We greatly appreciate investors’ strong support for MIP V as part of our broader global infrastructure platform,” said Leigh Harrison, global head of Macquarie Asset Management’s infrastructure and renewables team.

“We remain focused on delivering for our investors and ensuring that we manage investments responsibly and sustainably for the benefit of all stakeholders,” said Harrison.

Macquarie Asset Management’s global infrastructure capital raising totalled more than $US38 billion in the three years up to 31 March 2021.

“We thank investors for their support of MIP V,” said Karl Kuchel, CEO of Macquarie Infrastructure Partners. “We will continue to access a range of high-quality investment opportunities across the region as we build the MIP V portfolio, and will utilise the team’s sector and operational expertise to manage these investments over time.”