Macquarie Group has launched the Macquarie Mexican Infrastructure Fund, with approximately $5.2 billion in initial commitments from Mexican pension funds, Macquarie and Mexico’s National Infrastructure Fund, the latter of which, as a cornerstone investor in the fund, has made an initial commitment of $1.04 billion to $3 billion.

This is Macquarie’s first managed fund in Latin America as well as its first peso-denominated fund solely focused on infrastructure projects.

The fund “is an attractive investment opportunity that provides Mexican and international institutions with a vehicle to invest in a domestic infrastructure portfolio and contribute to the nation-building goals set out in the government’s infrastructure plan,” said Mark Ramsey, executive director and president of Macquarie in Mexico.

“Mexico’s federal government has established a clear and ambitious program, and Macquarie is optimistic about the role our fund will play in facilitating additional private sector investment into that program,” Ramsey said.

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