Macquarie joins with venture firm to target infrastructure

Australian bank Macquarie is looking to spot the next big thing in energy and infrastructure innovation and is therefore teaming up with a New York-based venture firm.

Photo: Mark Lennihan/AP/POLFOTO

Macquarie Group Ltd. is teaming up with a New York-based venture firm to spot the next big thing in energy and infrastructure innovation.

The Australian bank will provide specialist knowledge and possibly financial backing for the project with R/GA Ventures, according to a statement Wednesday.

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