Macquarie closes Asia-Pacific fund with $4.2bn

The final closure of Macquarie Asset Management’s third Asia-Pacific regional infrastructure fund raised more than $4.2 billion (€3.9 billion). Investor commitments for Macquarie Asia-Pacific Infrastructure Fund 3 were $1.2 billion higher than the fund’s aim.

Returning and new investors supported the financing, according to Frank Kwok, head of Macquarie Asset Management’s Asia-Pacific real assets unit. The fund has already committed more than $2.4 billion, with a total of $3 billion in co-businesses, to seven locally sourced investments in six countries.

China’s Bohao Internet Data Services and Metcold Supply Networks, South Korea’s Summit Energy Alliance, Indonesia’s Bersama Digital Infrastructure, Australia’s Vocus Group and Bingo Industries, and New Zealand’s 2degrees are among them.

“Leveraging our local relationships and experience in managing funds in Asia-Pacific, we remain focused on identifying proprietary investment opportunities through our own network for our clients,” said Verena Lim, head of investments for the Macquarie Asia-Pacific Infrastructure Fund series.