Macquarie Asset Management has held the final close of Macquarie Infrastructure Partners V (MIP V) after reaching $6.9bn 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,” says 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.”
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“We thank investors for their support of MIP V,” says 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 utilise 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 totalled more than USD38 billion in the last three years through 31 March 2021.
Source: Private Equity Wire
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