Macquarie, BlackRock Woo Investors With Infrastructure Funds

Law360, New York (November 28, 2012, 7:54 PM EST) -- Macquarie Group Ltd. and BlackRock Inc. both launched new European infrastructure debt platforms this week, sensing an opportunity to grab market share as investors look for higher yields and banks trim their long-term lending.

Macquarie said Wednesday that it had won a $500 million mandate from insurance giant Swiss Re AG to make infrastructure loans. It is the first commitment for the firm's new debt platform, which was launched earlier this year to attract insurers, pension funds, university endowments and other institutional investors hungry for better...
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