Macquarie Asset Management partners with La Caisse to support Maple's growth ambitions

MONTREAL and MUMBAI, Sept. 14, 2026 /PRNewswire/ -- Macquarie Asset Management ("MAM"), via Macquarie Asia-Pacific Infrastructure Fund 4 ("MAIF4" or the "Fund"), announces that it has completed the acquisition of units from global investment group La Caisse in Maple Infrastructure Trust ("Maple") on 11 September 2026, an Infrastructure Investment Trust ("InvIT") that owns and operates toll roads across India.

Following completion of the transaction, MAM and La Caisse jointly own controlling stakes in Maple's investment manager and project manager. The partnership combines MAM's infrastructure investment and active asset management experience in India with La Caisse's experience in developing, scaling and managing infrastructure platforms globally.

As part of the transaction, MAIF4 has committed $US450 million, which includes $US150 million of additional equity earmarked for future acquisitions by Maple. La Caisse has also committed $US150 million to support future growth.

Established in 2021, Maple owns and operates seven toll roads across six states in Eastern, Northern and Southern India through long-term concession frameworks. The road network has an aggregate length of approximately 3,328 lane kilometres.

Verena Lim, Co-Head of Asia-Pacific Infrastructure for Macquarie Asset Management and Asia CEO for Macquarie Group, said: "India remains a key market for Macquarie, and Maple reflects our conviction in the country's long-term infrastructure opportunity. Drawing on our experienced local team and long-standing presence in the market and sector, we look forward to partnering with La Caisse to support Maple's next phase of growth, building on the platform's strong foundations through our operational expertise and active asset management approach."

Emmanuel Jaclot, Executive Vice-President and Head of Infrastructure and Sustainability, La Caisse, said: "Five years ago, we entered India's roads sector with a single asset and a conviction in the market's long-term potential. Since then, Maple has grown into one of the country's leading road platforms. Our partnership with Macquarie Asset Management is a strong vote of confidence in what we've built and the growth opportunities ahead. Maple's story is still being written, and this partnership marks an important new chapter."

India has one of the world's largest and most diverse transport networks, with a road network extending around six million kilometres. As the country's middle class expands, rising vehicle ownership and growing mobility needs are driving increased demand for high-quality transport infrastructure, including toll roads and electrification solutions.

ABOUT MACQUARIE ASSET MANAGEMENT

Macquarie Asset Management (MAM) is a leading global asset manager, trusted by institutions, individuals and communities to responsibly manage $US498 billion in assets. MAM provides clients with a diverse range of investment solutions that seek to deliver superior risk-adjusted returns.

Macquarie Asset Management is part of Macquarie Group, a diversified global financial services group operating in asset management, retail and business banking, wealth management, as well as advisory, and risk and capital solutions across debt, equity, financial markets and commodities. Founded in 1969, Macquarie Group employs over 19,100 people in 30 markets and is listed on the Australian Securities Exchange.

All figures as at 31 March 2026.

ABOUT LA CAISSE

La Caisse has invested for over 60 years with a dual mandate: generate optimal long-term returns for its 48 depositors, who represent over 6 million Quebecers, and contribute to Québec's economic development.

As a global investment group, La Caisse is active in the major financial markets, private equity, infrastructure, real estate and private credit. As at June 30, 2026, it held CAD 552 billion in net assets. For more information, visit LaCaisse.com, LinkedIn or Instagram.

La Caisse is a registered trademark of Caisse de dépôt et placement du Québec that is protected in Canada and other jurisdictions and licensed for use by its subsidiaries. 

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SOURCE La Caisse