Macquarie raises $625 million for Philippines infra fund
The country's public sector employees' pension fund is among the cornerstone investors for the infrastructure PE vehicle.
Macquarie Infrastructure and Real Assets (Mira) has raised $625 million for a Philippines infrastructure PE fund, which counts the country’s largest pension fund as a leading investor.
The Philippine Investment Alliance for Infrastructure is the country’s first infrastructure-dedicated private equity fund. It was first announced in May, when Government Service Insurance System (GSIS) president Robert Vergara disclosed that it would allocate $300 million to the vehicle.
GSIS, t…
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