Kate Askew and Lisa Murray

Sydney (The Sydney Morning Herald) - ALLAN Moss is living up to his July promise to move Macquarie Bank's fundraising efforts across to the unlisted sector, but any expectations that its trademark lucrative fee structures would be moderated have been quashed with its latest offering.

The bank has written to its high-net-worth clients spruiking the Macquarie Infrastructure Gateway Investment Fund. The fund will give investors exposure to Macquarie's two new private equity funds: the Delaware-incorporated Macquarie Infrastructure Partners, which is aiming to raise $US2 billion ($2.6 billion), and Macquarie European Infrastructure Fund (MEIF) II, which is aiming to raise €3 billion ($5 billion).

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Posted by rjorr at September 6, 2006 9:15 AM