Macquarie Asset Management has held the final close of its third Asia-Pacific regional infrastructure fund with over $2.0 billion in investor commitments, exceeding the fund’s $3.0 billion target.

The successful fundraise brings total capital managed under the manager’s Asia-Pacific Infrastructure Fund series, dedicated to investing in Asia-Pacific infrastructure, to over $15 billion.

The fund has received commitments from a diverse range of returning and new institutional investors from around the world, including pension funds, insurance companies and sovereign wealth funds.

Read more: Private Equity Wire