Macquarie Infrastructure seeks to raise $3b for new Asia Fund

Macquarie Infrastructure seeks to raise $3b for new Asia Fund

The logo of Australia's Macquarie Group Ltd adorns a desk in the reception area of their Sydney office headquarters in Australia. REUTERS/David Gray

Macquarie Infrastructure and Real Assets is targeting to raise about $3 billion for a new fund for investments in Asia, according to people familiar with the matter.

The unit of Australia’s Macquarie Group Ltd. is in talks with prospective investors for the infrastructure fund and has already secured some commitments, the people said. MIRA is aiming for a first close for the fund in the third quarter, said the people, who asked not to be identified as the matter is private.

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