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May 2, 2007

Macquarie Raises $10 Billion for Infrastructure in Europe, U.S.

By Edward Evans

May 2 (Bloomberg) -- Macquarie Bank Ltd., Australia's largest investment bank, raised more than $10 billion to buy infrastructure assets in Europe and North America.

The bank raised $6.3 billion for its second European infrastructure fund and a further $4 billion for a fund that will target similar assets in North America, the Sydney-based bank said in an e-mailed statement today. The funds have already committed to spend almost $4.5 billion of the cash raised.

Full Story...

Posted by pichu at May 2, 2007 8:07 PM