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Macquarie infrastructure fund tops target, closes at €2.5 billion

Macquarie Infrastructure and Real Assets closed its Macquarie Super Core Infrastructure Fund Series 1 at €2.5 billion ($2.9 billion), exceeding the €1.5 billion target, a spokeswoman said.

The South Carolina Retirement System Investment Commission, Columbia, was among investors, committing €125 million to the fund for the $31.1 billion South Carolina Retirement Systems.

Macquarie Infrastructure and Real Assets has more than €96.9 billion in assets under management.