Macquarie Infrastructure and Real Assets has announced the final close of Macquarie European Infrastructure Fund 6 (MEIF6) with €6 billion ($7 billion) committed — exceeding its initial target of €5 billion ($6 billion).
This brings MIRA’s total global fundraising to approximately €13 billion ($15 billion) in just over a year, following the successful close of MIRA’s other flagship regional funds, including Macquarie Asia Infrastructure Fund 2 and Macquarie Infrastructure Partners IV, in April and December 2018.
With a total re-up rate of 65 percent, MEIF6 comprises a combination of existing clients, as well as new clients including a number from new jurisdictions.
The investor base is made up of pension funds, insurers and sovereign wealth funds. This diverse investor base sees the majority of capital originating from European investors, in addition to a significant portion from the Asia Pacific, demonstrating the growing global demand for alternati