Macquarie Raises €3.5 Billion for European Infrastructure Debt

Macquarie Asset Management has raised €3.5 billion ($4.1 billion) for its first European infrastructure debt fund, according to a statement seen by Bloomberg News.

Macquarie European Infrastructure Debt Fund will focus on financing assets such as solar and wind, fiber and data centers and transportation. The assets will be aligned with capital solvency rules in order to draw investors among insurers and pension funds.

Private credit funds are increasingly focused on higher-grade investing and the potential to drum up cash from the insurance industry. At the end of 2024, as much as a third of the $6 trillion in cash ...