By Keenan Skelly, LBO WIRE -- In light of the difficult fund-raising environment, infrastructure investor Macquarie Group Ltd. (MQBKY, MQG.AU) has prolonged the marketing and cut the targets of its latest North American and European fund offerings, said several people familiar with the firm.

Macquarie Infrastructure Partners II LP and Macquarie European Infrastructure Fund III LP will remain in the market until Mar. 31, 2010, in hopes of raking in more assets to do deals, which are sizable in the infrastructure sector. The funds' initial final close date was Sept. 30.

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Posted by claire at November 11, 2009 7:18 PM