Australia’s Macquarie Asset Management and Singapore digital wealth management platform Endowus have teamed up to offer private infrastructure investment solutions to professional investors in Hong Kong and Singapore.
The move will give clients of Endowus access to Macquarie’s portfolio of privately held infrastructure assets which are traditionally reserved for institutional investors.
The companies announced the partnership in a joint statement on August 19, noting that infrastructure is one of fastest-growing segments in private markets, with US$1.3 trillion of assets under management last year, four times more than a decade ago.
According to Christopher Frost, senior managing director at Macquarie, the company’s alternatives platform is backed by around 400 investment professionals across 30 markets who specialise in private infrastructure and green investments.
Sydney-based Macquarie Asset Management manages around A$871 billion ($560 billion) of assets.
Endowus serves as a fund platform and fiduciary adviser for over 250,000 individuals, family offices, charities, endowments and institutions.
