Sydney, 23 January 2024 (TDI): Macquarie Group successfully secures €8.7 billion for its European Infrastructure Fund. Investors express robust interest in tangible assets such as ports, power facilities, and data centers.
The Sydney-based firm is actively engaged in managing the substantial inflow of funds. The initiative reflects a growing appetite for investments in critical infrastructure projects across Europe.
On Monday, a statement announced that Macquarie’s seventh European Infrastructure Fund attracted contributions from over 100 investors, comprising pension and sovereign wealth funds. Previous investors in Macquarie played a significant role, supplying over 90% of the funding for this fund.
In a statement, Adam Lygoe, head of infrastructure for Macquarie Asset Management in Europe, emphasized the necessity for continual investment to develop the infrastructure that delivers essential services to communities.
He added that the fund, which Macquarie said had aimed to raise 7 billion to 8 billion euros, would enable the group to “play a meaningful role” in helping meet that need.
Moreover, investors express eagerness for infrastructure due to rising demand in logistics and digital requirements. This enthusiasm stems from the global shift toward low-carbon energy, presenting the prospect of spending trillions in the transition.
BlackRock is set to acquire Global Infrastructure Partners for $12.5 billion. The deal includes coveted assets such as Gatwick Airport and the Port of Melbourne.
Macquarie
Furthermore, In 2004, Macquarie, the world’s top infrastructure manager, introduced its inaugural European infrastructure fund. Headquartered in Sydney, the firm currently manages a vast portfolio totaling around 542 billion euros, with roughly 170 billion euros specifically dedicated to infrastructure investments.
Macquarie is a worldwide financial services organization that operates in 34 markets, encompassing asset management, retail and business banking, wealth management, leasing and asset financing, market access, commodity trading, renewables development, specialist advisory, capital raising, and principal investment.
Macquarie Asset Management holds the distinction of being the largest infrastructure manager globally, overseeing a portfolio of around €170 billion across its infrastructure, green investments, and natural assets platforms.
Additionally, the Real Assets portfolio of Macquarie Asset Management is extensive, comprising over 170 companies and boasting a substantial capacity of over 105 GW in green energy assets, covering those in construction, operations, or development stages.
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