Macquarie Asset Management announced it is raising USD4.2bn for its third infrastructure fund dedicated to investing in the Asia-Pacific region. The fund, which was launched in 2020, exceeded its USD3bn target and received commitments from a diverse range of returning and new institutional investors. In 2021, Macquarie’s asset management unit had raised USD6.9bn for its fund dedicated to investing in North American infrastructure. The latest fundraising brings the total capital managed dedicated to investing in Asia-Pacific infrastructure to more than USD15bn, of which more than USD2.4bn has already been successfully committed across seven locally-sourced investments.
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