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« Invesco says seek cover in Asian infrastructure plays | Main | DIC, HSBC, Oasis hold $300m first closing on MENA Infrastructure Fund »

November 13, 2007

Macquarie seeks $8bn more for European infrastructure

By David Rothnie
Dowjones Financial News

Australia's Macquarie Bank is planning to raise up to $8bn (Euro 5.5bn) to invest in European infrastructure assets as it continues an aggressive expansion in the region. It will be its biggest single fund raising move in Europe.

The bank confirmed it has started marketing the fund and expects to reach a first closing early in 2008. The fund, called Macquarie European Infrastructure Fund III, follows the success of two previous European funds, which raised a combined.................

Full Story...

Posted by dcjaya at November 13, 2007 12:14 AM