Macquarie Asset Management has announced that it has raised €8 billion for its European Infrastructure Fund 7.
The announcement makes the fund the largest focused on European infrastructure with investors including more than 100 pension funds, insurance companies, sovereign wealth funds, asset managers and fund of fund investors. The strategy will target infrastructure companies aligned to the key investment themes of decarbonisation, digitalisation, the circular economy and demographic shifts.
The close brings capital managed under the Macquarie European Infrastructure Fund series to approximately €30 billion. Since 2021, Macquarie Asset Management’s infrastructure equity strategies have globally raised an aggregate total of approximately €39 billion.
Martin Bradley, Head of Infrastructure for Macquarie Asset Management in EMEA, says, “Continual investment is needed to develop the infrastructure that provides essential services to communities. The closing of our seventh European infrastructure fund enables us to play a meaningful role in helping meet that need, as we seek to deliver positive impact across EMEA. We have a strong pipeline of investment opportunities and have already begun to establish a robust and diverse portfolio with three investments by the fund to date. We look forward to building on this strong foundation as we continue to deploy in the coming years.”