Macquarie Asset Management has been appointed as the fifth investment manager within the LCIV Renewable Infrastructure Fund (LRIF) after it formally closed on its sixth investment March 31.
This is a $150 million investment into a Macquarie-managed strategy focused on the energy transition, continuing an existing relationship between the London CIV and Macquarie that began in 2019 with the LCIV Infrastructure Fund and its investment into a previous Macquarie-managed strategy.
Macquarie is the largest infrastructure manager in the world, and with the recent integration of the Green Investment Group, is well-placed to invest in and manage infrastructure at the center of energy-transition systems.
“We are delighted to partner with London CIV for the LCIV Renewable Infrastructure Fund,” said Gillian Evans, a managing director at Macquarie. “This marks the first investment by LRIF into a pure-play energy-transition strategy, supporting technologies beyond tradi
