Through an investment in the closed-end fund Macquarie 7: Infrastructure, Macquarie provides investors with the opportunity to invest in European infrastructure businesses.
The fund provides investors the opportunity to indirectly invest in the target fund Macquarie European Infrastructure Fund III (MEIF III). MEIF III intends to invest in infrastructure and similar businesses mainly operating in the countries of the European Union (including such countries acceding to the EU during the investment stage) as well as in Norway, Iceland, Switzerland and Turkey. It plans to build a diversified investment portfolio.
Investment activity is expected to continue to build in the European infrastructure market over the years to come, which is supported by the following trends:
- deregulation of the energy market and separation ("unbundling") of the various business areas
- reorganisation/consolidation of the infrastructure market
- continued trend to privatisation
- increasing willingness of institutional investors to invest
- increasing demand for infrastructure investments and a continuously increasing deficit in public budgets
- EU expansion
| Minimum commitment | € 10,000, plus 5% agio |
| Maturity | Put option in 2018 |
| Expected yield | 9 - 10% p.a. pre tax (IRR method) |
| Expected average distribution | 5 - 6% p.a. pre tax (after full investment of target fund), semi-annual distributions |
An investment in the funds described on this page does not constitute a capital contribution in Macquarie Bank Limited (ACN 008 583 542) and does not establish any other obligation of Macquarie Bank Limited or any other enterprise of Macquarie. It will be subject to investment risks which are described in the risk section of the respective offering memorandum. These risks include, amongst others, delays of repayment and the loss of the committed capital as well as decreases in returns.
Neither Macquarie Bank Limited nor any other entity of Macquarie guarantees a specific return or certain earnings of the funds. Nor do they guarantee the repayment of capital or a specific tax treatment of distributions or the investment itself.