Macquarie Global Infrastructure Debt Fund closes with US$645m of commitments

Macquarie Infrastructure Debt Investment Solutions (MIDIS) has completed fundraising for its Macquarie Global Infrastructure Debt Fund, raising US$645 million of investor commitments.

The Fund is helping to finance essential infrastructure around the world with debt investments in 18 investment grade infrastructure businesses. The pooled fund, first launched in 2016, invests alongside MIDIS’ other separate accounts and pooled funds which have so far raised a total of US$10.2 billion for investment grade assets.

All commitments to the Fund were raised from investors new to the MIDIS platform, with institutional investors increasingly recognizing the diversification characteristics and superior risk-adjusted returns offered by infrastructure debt compared to corporate bonds. The Fund attracted commitments from pension funds and insurance companies from the United Kingdom, Netherlands, Italy, Japan, Singapore, and Portugal, with investors seeking high-quality assets that generate stable, long-term cash flows to match their long-dated liabilities.

The Fund has already made investments in the United Kingdom, Europe, United States and Australia. Today, the fund’s geographically diverse pool of investments includes transport, utilities and energy infrastructure. In response to growing investor allocations to renewable energy assets, more than 25 per cent of the assets currently held in the Fund are in the solar, onshore and offshore wind sectors.