Alternatives
Macquarie Asset Management Closes Inaugural Infrastructure Secondaries Fund
Approximately $711 million in total commitments were made for MAPIF.
The pension fund sold its stakes in the five airports it owned in multiple transactions spanning fewer than three months.
The asset classes can provide significant diversification and are uncorrelated with other fixed-income investments.
The acquisition of the four properties of Queensland Airports from Australian funds is expected to close this year.