Fleming sells Macquarie infra stake to BlackRock

Macquarie European Infrastructure II is a €4.6bn fund that is fully invested in nine projects including UK-based National Car Park.

Fleming Family and Partners has sold its stake in Macquarie European Infrastructure II (MEIF II) to BlackRock, according to a UK regulatory filing.

MEIF II is a 2006-vintage fund that raised €4.6 billion from limited partners including The State Pension Fund of Finland and the Chicago Teachers’ Pension Fund, according to PEI’s Research and Analytics division.

The fund has a 10-year life and is fully invested in nine long-term infrastructure projects. Investments include freight, passenger and car ferry servicer Condor Group and UK off-street car park operator National Car Parks, according to Macquarie’s website.

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