Press Release

Macquarie Asset Management to acquire stake in Latin America airport platform

New York, 29 September 2022

  • Represents continued expansion of Macquarie Asset Management’s transportation infrastructure footprint across the Americas
  • Builds on MAM’s global airports experience via platform with strong local partner

Today, Macquarie Infrastructure Partners V (MIP V), an Americas-focused, unlisted infrastructure fund managed by Macquarie Asset Management (MAM), the world’s largest infrastructure manager1 announced an agreement with Odinsa, the concessions company of Grupo Argos to acquire 50% of Odinsa’s stake in airport concessionaires Opain and Corporación Quiport (“Quiport”). The airports platform also includes three additional private airport initiatives that Odinsa has been pursuing in Colombia. Opain is the operator and manager of El Dorado International Airport serving the capital city of Bogota, Colombia, and Quiport is the company that operates Mariscal Sucre International Airport in Quito, Ecuador.

“We are excited to continue to increase our footprint in the region and invest in high-quality infrastructure assets that deliver essential services,” said Karl Kuchel, CEO of Macquarie Infrastructure Partners. “This investment expands our highly-valued existing partnership with Odinsa and we look forward to working collaboratively with key stakeholders going forward to further strengthen transportation infrastructure across the region.”

Jorge Mario Velásquez, President of Grupo Argos and of the Board of Directors of Odinsa added, “We are pleased to announce a new alliance with the world's largest infrastructure manager. The new platform will bring together the experience, technical capabilities, track record and financial strength of two major companies to develop airport infrastructure in Colombia and the region. This is an important milestone in the materialization of Grupo Argos' strategic thesis.”

"With this new alliance with Macquarie, we reiterate our confidence and interest in continuing to promote the competitiveness of Colombia and the region with projects that contribute to sustainable development,” said Mauricio Ossa, President of Odinsa.

El Dorado International Airport is the second busiest passenger airport in South America2, first by cargo, serving nearly 35 million passengers with 47 domestic destinations and 49 international destinations each year. Mariscal Sucre International Airport is the airport in Quito, the capital of Ecuador, which serves nearly five million passengers and is the first airport in the Americas to be awarded a 5-star rating by SKYTRAX.  Quiport holds a 35-year concession to operate Mariscal Sucre International Airport from 2006 to 2041, and Opain holds a 20-year concession to operate El Dorado until 2027 with an extension of up to four years.

This transaction comes three months after the establishment of a toll road platform by MIP V and Odinsa, which owns majority stakes in four operating toll roads in Colombia.


  1. IPE Real Assets 2021 – Top 100 Infrastructure Investment Managers (4 July 2022), based on assets under management as of 31 December 2021.
  2. International Air Transport Association (IATA), 2019


This press release does not constitute an advertisement or an offer to sell any security or the solicitation of any offer to buy an interest in MIP V or any existing or future fund or investment vehicle managed or advised by MAM and/or its affiliates or any other security. Other than Macquarie Bank Limited ABN 46 008 583 542 (“Macquarie Bank”), any Macquarie Group entity noted in this press release is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia).  The obligations of these other Macquarie Group entities do not represent deposits or other liabilities of Macquarie Bank.  Macquarie Bank does not guarantee or otherwise provide assurance in respect of the obligations of these other Macquarie Group entities.  In addition, if this document relates to an investment, (a) the investor is subject to investment risk including possible delays in repayment and loss of income and principal invested and (b) none of Macquarie Bank or any other Macquarie Group entity guarantees any particular rate of return on or the performance of the investment, nor do they guarantee repayment of capital in respect of the investment.

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