THE International Finance Corp. (IFC) said it is considering an investment of as much as $150 million in a Macquarie Asset Management Asia-Pacific infrastructure fund.
The IFC said it is considering an equity commitment of up to $100 million in Macquarie Asia-Pacific Infrastructure Fund 4, alongside a separate co-investment allocation of as much as $50 million, according to a disclosure dated Oct. 21.
The proposed investment is scheduled for board consideration on Nov. 25.
The fund will invest in infrastructure assets across the Asia-Pacific, including India, the Philippines, Thailand, Indonesia, Malaysia, Australia, South Korea and Japan.
“The fund will deploy capital to manage infrastructure in sectors such as data centers, fiber networks and renewable energy,” the IFC said.
Other investment areas include transportation, logistics, waste management, healthcare and infrastructure supporting urban development.
The IFC said its investment will be predominantly allocated to emerging Asian markets, marking its first investment in Macquarie Asset Management’s Asia-Pacific infrastructure fund series.
Macquarie Asset Management, part of Australia’s Macquarie Group, had 722.1 billion Australian dollars in assets under management, excluding real estate, as of March 31, according to the disclosure. — Justine Irish D. Tabile