Macquarie Asset Management has announced the final close of its 3rd Asia-Pacific regional infrastructure fund with over US$4.2 billion in commitments. The initial fund target was US$3.0 billion.
Launched in 2020, Macquarie Asia-Pacific Infrastructure Fund 3 targets investments in the infrastructure sector of the Asia-Pacific area. The core fund has a strategy of applying Macquarie Asset Management's local experience and expertise in investing in infrastructure opportunities across the region over more than 25 years.
The fund has received commitments from returning and new institutional investors, including pension funds, insurance companies and sovereign wealth funds. The fund has already committed more than US$2.4 billion, with an additional US$3.0 billion in co-investments, across 7 investments- Bohao Internet Data Services and Metcold Supply Networks in China, Summit Energy Alliance Limited in South Korea, Bersama Digital Infrastructure in Indonesia, Vocus Group and Bingo Industries in Australia and 2degrees in New Zealand.