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Macquarie puts $450 million into Maple InVIT
Livemint··14 Sept
Macquarie Asset Management invested about $450 million in Maple Infrastructure Trust, including $150 million for future acquisitions, the firms said Monday. Seller La Caisse also infused about $150 million for growth. After the September 11 deal, MAM and La Caisse will jointly own controlling stakes in the InVIT’s managers. Maple operates seven toll roads across six Indian states.
Prism
What It Means For You
- Maple’s road platform gains fresh equity tagged for more acquisitions under the Asia-Pacific fund.
- Toll users on Maple’s network sit under a manager now jointly controlled by MAM and La Caisse.
- Exact shareholding and valuation were not disclosed in the companies’ statement.
What's Happening
- Funding came through Macquarie’s fourth Asia-Pacific Infrastructure Fund.
- Maple, established in 2021 and sponsored by La Caisse, holds about 3,328 lane kilometres of concessions.
- Verena Lim of Macquarie called India a key market and Maple a long-term infrastructure bet.
How Large the Buyers Are
- La Caisse held CAD 552 billion in net assets as of June 30, 2026.
- Macquarie Asset Management manages $498 billion in assets across its global platform.
- Emmanuel Jaclot of La Caisse said Maple grew from a single Indian road asset five years ago.
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