Macquarie Infrastructure Debt Investment Solutions (MIDIS) has raised a total of €1.2 billion ($1.4 billion) from institutional investors to invest in sub-investment-grade infrastructure debt.
MIDIS said the strategy is currently invested across the utilities, energy, renewables and transport infrastructure sectors. The strategy’s portfolio consists of debt investments in 14 high-quality borrowers in the United Kingdom, United States, Italy, Finland and the Netherlands. In addition, three co-investments have been structured alongside the strategy.
MIDIS raised some €730 million ($859 million) for the strategy through the Macquarie Infrastructure Debt (Sub-Investment-Grade) Fund, surpassing its initial fundraising target of €500 million ($588 million). An additional €425 million ($500 million) was raised to invest alongside the fund through separately managed accounts and for co-investments.
A diverse range of investors backed the fund, including 21 pen
