Hong Kong, 22 February 2016
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.