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Macquarie’s grip on global infrastructure

Behind the Money

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Macquarie's Private Equity Model for Infrastructure

Macquarie has been nicknamed at times the vampire kangaroo. It uses a standard private equity model where it creates infrastructure funds by raising cash from big investors like pension investment groups. The government under Margaret Thatcher, a conservative in the UK, was keen to privatize assets because they wanted to keep big projects off government balance sheets.

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