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MIRA’s Asian regional infrastructure platform closes at $US3.1 billion

Hong Kong, 22 Feb 2016

  • Macquarie Infrastructure and Real Assets (MIRA) has closed its Asian regional infrastructure platform with $US3.1 billion in commitments
  • The platform includes the Macquarie Asia Infrastructure Fund (MAIF), which reached its hard cap of $US2.3 billion, and specialist investment vehicles

Macquarie Infrastructure and Real Assets (MIRA), a division of Macquarie Group (ASX: MQG; ADR: MQBKY), today announced the close of its latest infrastructure platform investing across the Asian region. The platform closed fundraising with $US3.1 billion in investor commitments.

"The Asian region provides a compelling investment environment for institutional investors. Strong fundamentals underpin the growing demand for real assets including infrastructure, such as rapid urbanisation and the push for sustainable development” said Martin Stanley, Global Head of MIRA. 

"MIRA has had an enduring 22 year presence in the region. Throughout that time we have drawn on the deep sectoral and investment experience of our teams to deliver innovative, responsible and sustainable investment solutions for our partners and clients around the world."

The platform attracted commitments from a diverse group of returning and new investors across Asia-Pacific, North America and Europe. As MIRA's first Asian regional infrastructure platform, it complements MIRA's already established country funds in the region. It is focussed on investment opportunities in transportation, communications, utilities, power, energy, and waste management assets across the region. More than $US1.3 billion of the platform has already been invested across six portfolio companies in four sectors since its first close.

MIRA has been investing in infrastructure in the region since 1994 where it currently manages over 50 infrastructure assets. MIRA managed funds have more than $US15 billion of assets under management in Asia-Pacific across the infrastructure, real estate, agriculture and energy sectors.

About Macquarie Infrastructure and Real Assets (MIRA)

MIRA is part of Macquarie Asset Management Group, the asset management arm of Macquarie Group (Macquarie), a global provider of banking, financial, advisory, investment and funds management services. Founded in 1969, Macquarie employs more than 13,500 people in 28 countries. At 31 December 2015, Macquarie had assets under management of $A487 billion ($US355.4 billion).

Macquarie pioneered infrastructure as an asset class more than 20 years ago. Today MIRA is the world’s largest manager of infrastructure and also has a growing portfolio in real estate, agriculture and energy investments.

MIRA manages $A138 billion ($US101 billion) of assets on behalf of pension funds, sovereign funds, insurance companies and other investors. On their behalf, MIRA manages 45 funds globally that invest in more than 120 businesses, 300 properties and 2.7 million hectares of farmland.

MIRA has a track-record of responsible, profitable management. Its team of approximately 480 executives around the world, many with significant operational expertise at senior levels, contribute materially to the sustained success of MIRA’s portfolio companies and the communities they serve.

Contact
Fiona McDonald
Macquarie Group Media Relations
+852 6468 2175

Elizabeth Cox
Macquarie Group Media Relations
+852 6468 2196