Macquarie Infrastructure Partners V fund targets to raise US$ 5 billion in capital
Date
May 26, 2020
Type
Funds & Investments
Subtype
New fund announced
Countries
Australia
Subsectors
Housing
Road
Renewables
Telecom
Waste
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Macquarie Infrastructure Partners V (MIP V) fund managed by Macquarie Infrastructure & Real Assets (MIRA) targets to raise US$ 5 billion in the capital. The fund will focus on infrastructure projects in North America. The fund is targeting to achieve a net internal rate of returns in the range of 10% to 12%.
North Dakota State Investment Board is in talks to approve US$ 100 million commitment to the MIP V fund.
