Macquarie Asset Management raises $4.2 billion for its Asia-Pacific fund

The fund, which launched in 2020, has received commitments from a diverse range of old and new institutional investors, including pension funds, insurance companies and sovereign wealth funds, Macquarie said.

“Infrastructure markets across Asia-Pacific have matured at a particularly rapid pace, and our clients continue to appreciate the investment merits that infrastructure brings,” said Frank Kwok, Head of real assets of Macquarie Asset Management in Asia Pacific.

Latest fundraising brings total capital under management dedicated to infrastructure investment in the Asia-Pacific region to more than $15 billion, of which more than $2.4 billion has already been successfully committed through seven local investments , with an additional $3.0 billion in co-investments.

“The positive long-term outlook for the region will continue to drive demand for high-quality infrastructure,” said Verena Lim, series investment manager for the Macquarie Asia-Pacific Infrastructure Fund.

Macquarie’s asset management unit raised $6.9 billion for its North American infrastructure investment fund last year, as US lawmakers negotiated a plan to spend $1.2 billion. trillion dollars over five years for public works projects.

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