Macquarie Infrastructure Debt Fund (UK Inflation Linked)

 

 

The Macquarie Infrastructure Debt Fund (UK) was launched in March 2014 and is now in the latter stages of deployment, following its successful £829 million final close.  

In April 2016 Macquarie Infrastructure Debt Investment Solutions (MIDIS) launched its second fund, mandated to invest in UK inflation-linked infrastructure debt, targeted at UK pension schemes seeking to invest to match their long-dated inflation-linked liabilities. 

Key fund terms are outlined below:

Asset class Inflation-linked loans and notes in UK infrastructure projects and assets
Strategy Buy and hold long-dated investment grade infrastructure debt for UK pension funds
Geography UK only
Currency Pounds Sterling
Credit rating Investment grade (internally rated)
Maturity 10 to 45 year legal maturities
Diversification Minimum investment £10 million
Diversification by industry sector
Industry sector – Social infrastructure and other PPP
– Utilities
– Transportation (non-PPP)
– Power (contracted and renewables)
– Accommodation
– Other (telecommunications, storage, waste disposal)