Investment

Macquarie AM raises $626m to ride India's growing EV market

Macquarie Asset Management (MAM) has raised US$405 million ($626m) for its fleet electrification solutions platform Vertelo, gathering funds from institutional investors including Australian Ethical.

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Read more: VerteloAustralian EthicalMacquarie Asset ManagementMacquarie Green Energy Transition Solutions FundAbhishek PoddarAdam RobertsAllianz Global InvestorsEicher VolvoGreen Climate FundHenry Gonzalez