Macquarie Infrastructure and Real Assets (MIRA) is eyeing $3 billion for its new fund targeting Asian infrastructure, people with knowledge of the matter told Bloomberg.
Following the investment strategy of two similar funds, the new vehicle will invest in transportation, communications, utilities, power, energy and waste management assets across the Asia Pacific region.
MIRA is reportedly in talks with prospective investors and has already locked in some commitments. MIRA is aiming for a first close for the fund in third quarter 2020.
In April, Macquarie Asia Infrastructure Fund 2 led a consortium that acquired an 88 percent stake in AirTrunk, a hyperscale data center platform for large cloud, content and enterprise customers across Asia Pacific.
The deal valued AirTrunk at more than A$3 billion ($2.1 billion).
