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Macquarie raises $5 billion for North America infrastructure fund: Reuters

Jan 17, 2019 - peHUB
Investments

The investment arm of Australia’s Macquarie Group Ltd (MQG.AX) said on Thursday it has raised $5 billion for its latest fund to invest in infrastructure in North America.

The fundraising underscores the private sector’s appetite to invest in U.S. infrastructure, which runs the gamut from toll roads to airports to oil fields, amid a dearth of federal and state infrastructure funding for many projects.

Private equity fund managers raised a record $85 billion in 2018 for infrastruct...