Macquarie Sets Up Brazil Infrastructure Fund


RIO DE JANEIRO — The Macquarie Group, the Australian investment bank, has raised over 600 million reais, or $159 million, from Brazilian investors and is nearing a first close for its debut Brazil infrastructure fund, according to a person briefed on the bank’s plans.

The first close is expected to take place by the end of next month, at which time capital commitments will likely surpass 800 million reais, the person said. He spoke on the condition of anonymity. The Macquarie Infrastructure and Real Asset group, or MIRA, which falls within Macquarie Asset Management, a unit of the Macquarie Group, is leading the effort…

Macquarie Sets Up Brazil Infrastructure Fund

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