Macquarie raises $645m

The Sydney-based manager closes its debut global infra-debt fund below target.

  • Fund name: Macquarie Global Infrastructure Debt Fund
  • Amount raised: $645 million (€603m)
  • Target size: $1 billion (€935m)
  • Time on the road: ~4 years

Macquarie held a final close for its Global Infrastructure Debt Fund on $645 million of committed capital, below the fund’s $1 billion target, Infrastructure Investor data show. LPs include pension funds and insurance companies from the UK, Netherlands, Italy, Japan, Singapore and Portugal, including a commitment from the Dutch pension Stichting Pensioenfonds Medisch Specialisten. The firm is currently in market with its second UK-focused infra debt fund, Macquarie Infrastructure Debt Fund 2, after a £829 million ($959m; €899m) final close for Fund 1 in 2015.