Macquarie Asset Management has completed fundraising for its first infrastructure secondaries fund, the Macquarie Alliance Partners Infrastructure Fund (MAPIF), securing $711 million in total commitments, including capital from both the main fund and separately managed accounts (SMAs).
MAPIF aims to build a diversified portfolio by targeting high-quality infrastructure assets, sectors, and fund managers. Unlike traditional generalist secondary strategies, the fund takes a specialist approach, leveraging Macquarie’s 30+ years of global infrastructure investment experience.
Investors in the fund include a broad mix of pension funds, insurance firms, and family offices from across EMEA, APAC, and the Americas. The fund seeks to meet growing demand for liquidity solutions and j-curve mitigation among limited partners, while also providing options for general partners looking to generate liquidity for their investors.
Wandy Hoh, Head of Secondaries at Macquarie Asset Management, noted that investor confidence reflects Macquarie’s longstanding track record and its ability to bring innovative solutions to market.
Source: Macquarie