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Macquarie Asset Management Closes Sixth Americas Infrastructure Fund With $6.9 Billion in Commitments

  • Macquarie Infrastructure Partners V successfully closes at $US6.9 billion, exceeding $US5.0 billion target
  • Macquarie Asset Management’s global infrastructure capital raising totaled more than $US38 billion in the last three years through 31 March 2021 

Macquarie Asset Management today announced the final close of Macquarie Infrastructure Partners V (“MIP V”) after reaching $US6.9 billion in commitments.

MIP V is Macquarie Asset Management’s sixth Americas-focused, unlisted infrastructure fund. It continues the investment strategy of the MIP platform, which spans nearly two decades of local operational expertise and long-standing sector relationships in the Americas. Consistent with previous vintages, MIP V will seek to invest in high-quality infrastructure assets and will be primarily focused on the transportation, communications, waste management, utilities and energy sectors.

“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.”

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

The MIP V capital raising builds on the strong investor support for Macquarie Asset Management’s infrastructure capabilities over a number of years. Macquarie Asset Management’s global infrastructure capital raising totaled more than $US38 billion in the last three years through 31 March 2021.

About Macquarie Asset Management

Macquarie Asset Management (“MAM”) provides specialist investment solutions to clients across a range of capabilities including infrastructure & renewables, real estate, agriculture, transportation finance, private credit, equities, fixed income, and multi-asset solutions.

As of March 31, 2021, the MAM business had $US427 billion of assets under management. MAM has over 1,900 staff operating across 20 markets in Australia, the Americas, Europe, and Asia.

MAM, through its affiliates, has been managing assets for institutional and retail investors since 1980 in Australia and in the United States, retail investors recognize the Delaware Funds® by Macquarie family of funds as one of the longest-standing mutual fund families, with more than 80 years in existence.

This press release does not constitute an advertisement or an offer to sell any security or the solicitation of any offer to buy an interest in MIP V or any existing or future fund or investment vehicle managed or advised by MAM and/or its affiliates or any other security.

None of the entities referred to in this press release is an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia). The obligations of these entities do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (MBL). MBL does not guarantee or otherwise provide assurance in respect of the obligations of that entity.

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