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May 30, 2008

Macquarie Plans to Double Canadian Infrastructure Investments

By Frederic Tomesco

May 30 (Bloomberg) -- Macquarie Group Ltd., Australia's biggest investment bank, plans to double its Canadian infrastructure holdings to at least C$8 billion ($8.1 billion) in the next five years to take advantage of a building boom.

Macquarie, based in Sydney, will consider buying or leasing existing infrastructure assets as well as building new ones, Gregory Smith, who heads the Canadian division of Macquarie Capital Funds, said in an interview yesterday. Smith declined to identify specific projects.

Full Story...

Posted by boyang at May 30, 2008 5:23 PM