King & Wood Mallesons (KWM) advised Macquarie Infrastructure and Real Assets (MIRA), a division of Macquarie Group, on the close of its second Asian regional infrastructure fund (MAIF2), with US$3.3 billion in investor commitments.
MAIF2 has attracted interest from a diverse group of returning and new investors across Asia-Pacific, North America, the Middle East and Europe, with more than US$1.7 billion of capital already committed across toll roads, renewables and petrochemical storage assets in India, the Philippines, Singapore and China.
A cross-border KWM team across Hong Kong and Singapore acted as international counsel for MIRA, led by partner Hayden Flinn and supported by special counsel Suzanne Gibson and senior associate Torrin Nicolson.
“We are proud to have advised long-term client MIRA on the establishment of this strategic fund, which will capitalise on Asia’s maturing infrastructure market and provide attractive investment opportunities across diverse sectors,” said Flinn. “KWM’s Hong Kong team previously advised MIRA on its first MAIF fund, which closed in 2016 and is now deployed across seven countries in the Asia-Pacific.”
