Macquarie Infrastructure and Real Assets

Macquarie Infrastructure and Real Assets grew out of Macquarie Group's infrastructure investment business, which began in 1994 with the underwriting of the Hills Motorway in Sydney. Over several decades, the firm expanded its operations globally, establishing specialized infrastructure investment funds across Korea, China, Europe, Russia, India, and the Middle East. It listed the Macquarie Infrastructure Corporation on the New York Stock Exchange in 2004 and significantly expanded its North American footprint through acquisitions in energy marketing and trading.

The firm is now a core component of Macquarie Asset Management, which serves as the world's largest infrastructure asset manager. It focuses on large-scale essential services and facilities, often utilizing a non-hierarchical organizational structure to manage diverse portfolios across 34 markets. The group is known for its risk management framework and its ability to invest alongside clients in growth opportunities and capital market transactions.

In recent years, the firm has pivoted toward green energy and sustainable infrastructure, notably through the acquisition and rebranding of the UK Green Investment Bank as the Green Investment Group. While it has faced scrutiny over debt levels in certain utility investments like Thames Water, it remains a dominant force in global private markets, managing hundreds of billions in assets for institutional and high-net-worth investors.