Macquarie Infrastructure Group, a leading private owner of toll-roads, is considering splitting into two entities. The move could end the lucrative long-term management contract owned by Macquarie Group, the Australian investment bank, and would underline the end of Macquarie’s listed funds model under which infrastructure assets with predictable cash flows were loaded with cheap debt and distributed to stock market investors. See also FT Alphaville on ‘Teflon’ Mac Bank.

This entry was posted by Gwen Robinson on Friday, August 21st, 2009 at 4:45 and is filed under Capital markets. Tagged with macquarie, MIG. Edit this entry.