Macquarie Asset Management Closes Macquarie Infrastructure Partners VI

Macquarie Asset Management has closed its Macquarie Infrastructure Partners VI fund with an undisclosed amount. The fund will invest in infrastructure assets across the globe. Macquarie Group is a global financial services company specializing in asset management, retail and business banking, wealth management, and other services. The company has several segments, including Macquarie Asset Management, Banking and Financial Services, Commodities and Global Markets, and Macquarie Capital.

Macquarie Asset Management has successfully closed its Macquarie Infrastructure Partners VI (MIP VI) fund, marking a significant milestone in the company's infrastructure investment strategy. The fund, which focuses on high-quality investments across various sectors, has attracted commitments totaling over $US8 billion, including over $US6.8 billion in Fund commitments and an additional $US1.3 billion in co-investment [3].

MIP VI is the latest in Macquarie Asset Management's series of Americas-focused, unlisted infrastructure funds. The fund continues the investment philosophy and approach of the MIP platform, which has a track record spanning more than 22 years and includes investments in over 55 portfolio companies and 26 realizations. The investments to date include Diamond Infrastructure Solutions, SwyftFiber, TraPac Terminals, Montreal Metropolitan Airport, and Coastal Waste & Recycling [3].

The fund's success is a testament to Macquarie Asset Management's expertise in infrastructure investment and its strong track record. The commitments were sourced from a diverse group of returning and new investors, with over 70% of total commitments coming from investors that have previously invested with Macquarie Asset Management’s Real Assets division. Notably, half of the fund commitments were from North American investors, marking the highest proportion of any MIP vintage to be sourced within North America [3].

In addition to MIP VI, Macquarie Asset Management has also announced its acquisition of stakes in Bristol, Birmingham, and London City airports from Ontario Teachers’ Pension Plan. The investments, which were made via Macquarie European Infrastructure Fund 7, include a 55% stake in Bristol Airport, a 26.5% stake in Birmingham Airport, and a 25% stake in London City Airport. These acquisitions are part of Macquarie's long-term strategy to support the growth and sustainability of airports globally [1].

Macquarie Group, the parent company of Macquarie Asset Management, is a global financial services company specializing in asset management, retail and business banking, wealth management, and other services. The company has several segments, including Macquarie Asset Management, Banking and Financial Services, Commodities and Global Markets, and Macquarie Capital. The company's focus on infrastructure investment is a key part of its strategy to drive growth and innovation across its various segments [2].

The successful closure of MIP VI and the acquisition of stakes in UK airports demonstrate Macquarie Asset Management's commitment to infrastructure investment and its ability to attract significant commitments from a diverse group of investors. As the company continues to expand its infrastructure portfolio, it is well-positioned to capitalize on the growing demand for infrastructure assets globally.

References:
[1] https://www.capitalbrief.com/briefing/macquarie-buys-stakes-in-three-uk-airports-from-ontario-teachers-pension-plan-18f7ab1d-81a8-4610-af8b-f4b104b13b9b/
[2] https://www.wsj.com/articles/macquarie-collects-8-billion-for-infrastructure-investments-in-the-americas-29e3a911
[3] https://uk.finance.yahoo.com/news/macquarie-asset-management-closes-macquarie-120200201.html