Macquarie Asset Management has said the final close of the Macquarie Infrastructure Partners V fund has reached $6.9 billion in commitments.

The fund is Macquarie AM’s sixth Americas-focused, unlisted infrastructure fund. It looks to invest in infrastructure assets with a focus on the transportation, communications, waste management, utilities and energy sectors.

“We greatly appreciate investors’ strong support for MIP V as part of our broader global infrastructure platform,” said Leigh Harrison, Global Head of Macquarie Asset Management’s infrastructure and renewables team. “We remain focused on delivering for our investors and ensuring that we manage investments responsibly and sustainably for the benefit of all stakeholders.”