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Macquarie and China Everbright team up to raise $1.5 billion

The two are forming an asset management joint venture that will invest in core infrastructure in China, Hong Kong and Taiwan.

In a test of whether the supposed return of investor appetite will translate to actual allocations, Macquarie Group and China Everbright are hoping to raise $1.5 billion for two funds that will invest in infrastructure projects in Greater China.

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