Macquarie Asset Management is in talks with investors to raise as much as $11.5 billion in total for a trio of funds dedicated to Asia Pacific infrastructure, global renewables and energy transition, according to the people familiar with the matter.
The Macquarie Group Ltd. unit is in discussions with prospective limited partners for a new $4 billion Asia-Pacific infrastructure fund, said the people, who asked not to be identified discussing confidential talks.
The asset manager is also pursuing two new global energy transition funds, the people said. One is a vehicle for established renewables such as wind and solar projects and could reach as much as $5 billion in size, according to the people. The other focuses on more nascent energy ventures such as batteries and hydroelectric generation, which could raise as much as $2.5 billion, they said. The two funds have already started investing, said one of the people.
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