Macquarie Group joins the World Bank’s Global Infrastructure Facility
Washington D.C., 09 October 2014
Macquarie Group (Macquarie) is proud to join the Global
Infrastructure Facility (GIF), launched today by the World Bank in Washington D.C.
The GIF will be a global platform for collaboration between public and private partners to help prepare and design complex public-private infrastructure projects to make them viable for new sources of long-term private capital.
As an Advisory Partner, Macquarie will share market insight, advice and expertise with the GIF and its government partners.
Macquarie Group Chief Executive Nicholas Moore said: “Economic development depends on infrastructure to support growth in trade, health and education. These major projects require careful planning, significant investment and can benefit greatly from close cooperation between public and private partners.”
The GIF aims to provide support from start to finish to ensure well selected, well-designed and commercially viable infrastructure projects are brought to market. Based on collaboration between its partners - pooling expertise and resources to help address regulatory, design and financing issues - the GIF will help governments plan, structure and importantly attract funding to deliver essential
Mr. Moore said: “We are honoured to provide ongoing support for the implementation of GIF by sharing our expertise in infrastructure investment, finance and management.”
Macquarie has been at the forefront of advising on and managing infrastructure investment for 20 years. Today, its Infrastructure and Real Assets division is the world’s largest infrastructure manager, investing in important community assets on behalf of pension funds and other long-term investors in 28 developed and emerging markets. Macquarie’s advisory team in Macquarie Capital is a leading
adviser to governments and private infrastructure investors around the world.
About Macquarie Group
Macquarie Group is a global provider of banking, financial, advisory, investment and funds management services.
Macquarie's main business focus is making returns by providing a diversified range of services to clients. Macquarie acts on behalf of institutional, corporate and retail clients and counterparties around the world. We have expertise in specific industries, including resources and commodities, energy, financial institutions, infrastructure and real estate.
Macquarie's management approach fosters an entrepreneurial culture among staff. Strong prudential management is fundamental to this approach. Robust risk management practices are embedded in business unit management with central oversight of credit, market, funding, compliance and operational risk. These, together with a strong and committed team, are key drivers of Macquarie's success.
Founded in 1969, Macquarie now employs more than 13,900 people in 28 countries. At 31 March 2014, Macquarie had assets under management of $A426.9 billion.
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