Macquarie Group (Macquarie) has launched Macquarie Equipment Leasing Fund (MELF), which will acquire a diversified portfolio of equipment, equipment leases, and other equipment-related investments.
MELF is offering up to 15,800,000 of limited liability company shares, for a maximum offering amount of up to $157.2 million. The shares are being offered to US investors who meet the suitability requirements of the offering, which vary from state to state and are set forth in the offering prospectus.
MELF anticipates that the equipment will typically be leased to corporate clients. Examples of the types of equipment that MELF may acquire include railcars, maritime vessels, aircraft engines, technology equipment, manufacturing equipment, utilities assets and other items of business essential equipment.
MELF is managed by Macquarie Asset Management (MAMI), a wholly-owned Macquarie entity. MAMI is a part of Macquarie’s Corporate and Asset Finance Division. Macquarie is a diversified international provider of banking, financial, leasing, advisory and investment services.
