When properly structured, secondaries can help deliver attractive investment characteristics to help meet client needs.
The infrastructure secondary market has emerged on the back of strong growth in the primary market. Through secondary investments in established funds, we aim to provide investors with the ability to obtain immediate exposure to a portfolio of high-quality and diversified global infrastructure assets with attractive investment characteristics, including increased liquidity and shorter duration.
Leveraging Macquarie’s infrastructure expertise
As the world’s largest infrastructure manager,^ Macquarie Asset Management has a long history in the sector. Understanding the infrastructure market landscape and applying geographical and sector expertise to our underwriting is fundamental to secondaries investing.
Macquarie’s history in infrastructure gives us a comprehensive sourcing capability that helps provide differentiated access to deal flow. This includes decades of limited partner relationships and a network of alumni, partners and relationships that provide direct access to most general partners of infrastructure funds.
Growing allocations to infrastructure and healthy capital deployment levels in the primary market, across a diversified set of sectors and strategies, is expected to create a favourable environment for the growth of secondary funds.”
Wandy Hoh
Head of Infrastructure Secondaries
^ IPE Real Assets 2024 Top 100 Infrastructure Investment Managers 2024, published in July/August 2024. The ranking is the opinion of IPE Real Assets and not Macquarie. No such person creating the ranking is affiliated with Macquarie or is an investor in Macquarie-sponsored vehicles. IPE Real Assets surveyed and ranked global infrastructure investment managers. The ranking is based on infrastructure AUM as at 31 March 2024. AUM is defined by IPE Real Assets as the total gross asset value of all assets managed and committed capital (including uncalled). There can be no assurance that other providers or surveys would reach the same conclusions as the foregoing.
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