Macquarie raises $625m for Philippines’ first infra fund
Macquarie Group has announced a first and final close on $625 million for its Philippine Investment Alliance for Infrastructure (PINAI). It is the first-ever Philippines-dedicated infrastructure fund.
Macquarie's infrastructure and real assets division is an investor in the vehicle and will also serve as manager. Other investors include Government Service Insurance System (GSIS), the largest pension...
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