Macquarie Infrastructure and Real Assets (MIRA), a division of Australia’s Macquarie Group, has closed its second Asian regional infrastructure fund at $3.3 billion.
“The Asian infrastructure market is maturing and continues to provide attractive investment opportunities across diverse sectors. The fund’s regional mandate allows us to capitalize on these opportunities across geographies, thereby optimizing the overall risk-return position,” said David Luboff, CEO of MAIF fund series.
The Macquarie Asia Infrastructure Fund 2 (MAIF 2) attracted investment commitments from returning and new investors across Asia Pacific, North America, Middle East and Europe.
More than $1.7 billion of MAIF 2 has already been committed across toll roads, renewables and petrochemical storage assets in India, the Philippines, Singapore and China.
MAIF1 closed in early 2016, and is now fully deployed across seven countries in Asia Pacific.