TORONTO, Jan. 30, 2013 /CNW/ - Macquarie Emerging Markets Infrastructure Fund (the "Fund") announced today that it has raised total gross proceeds of $31,725,288 on the exercise of warrants under its warrant offering, which expired on January 28, 2013.
Under the terms of the exercised warrants, 2,780,481 units of the Fund will be issued to exercising warrant holders on or about January 30, 2013. Warrant holders who exercised the additional subscription privilege were allocated 100% of the units subscribed for. Unexercised warrants expired with no value.
Macquarie Capital Investment Management LLC ("MCIM"), a member of Macquarie Group, is a global leader in the listed infrastructure sector and acts as the portfolio manager of the Fund. MCIM is part of the Macquarie Funds Group ("MFG"), Macquarie Group's funds management business. MFG is Australia's largest asset manager with over $344 billion globally in assets under management as at September 30, 2012.
Connor, Clark & Lunn Capital Markets Inc. (the "Manager") is the manager of the Fund. The Manager is a leading Canadian structured financial products investment firm that is focused on creating and managing high quality investment vehicles. The Manager is part of the Connor, Clark & Lunn Financial Group, a multi-boutique asset management firm whose affiliated managers are collectively responsible for the investment of over $42 billion in assets.
The Fund's Units trade on the Toronto Stock Exchange under the symbols MQA.UN.
SOURCE: Macquarie Emerging Markets Infrastructure Income Fund
For further information:
Vice President & CFO
Connor, Clark & Lunn Capital Markets Inc.
Macquarie Global Investments