Australia

Macquarie Infrastructure and Real Assets has revealed that it raised A$8.7 billion ($6.2 billion; €5.5 billion) of new equity in the three months to 31 December 2018. The figure includes A$7.4 billion of equity raised in Europe alone, most of which was for Macquarie European Infrastructure Fund 6. Infrastructure Investor reported that MEIF6 had raised […]

Thanks to a weak Australian dollar and increased valuations, the fund’s infra allocation has increased to 8.5% of its overall portfolio.

QIC’s Melannie Pyzik will join Argo Infrastructure Partners this month in a new Sydney-based role with a remit to focus on local investor relations.

The Public Accountability Committee recommends review following legal dispute between the contractor and the client over costs associated with relocating utilities.

The Australian firm’s head of infrastructure equity for the Americas, Dylan Foo, will lead the new initiative while continuing in his current role.

An ageing population coupled with government budgetary constraints provide strong fundamentals. But while infra investors might be better custodians than PE, we find they should do a thorough check-up before diving in.

Investors are unhappy about the short time given to prepare the bids, which are due 14 February.

The London-headquartered investor says the deal will be ‘the first of many’ Down Under.

The state government is privatising the digital functions of Landgate, excluding manual processing, to make the asset more attractive to investors.

The Sydney-based fund manager has bought Metrix in a $183m deal, the second acquisition through its Secure Assets Fund.