Infrastructure
Access a diversified portfolio of co-investments alongside some of the largest direct infrastructure investment teams and pension plans in the world.
We invest in essential infrastructure assets that serve as the backbone of daily life across the globe. These large-scale assets make up a diversified portfolio targeting inflation-resilient long-term returns and income.
in committed
capital
team experience in infrastructure investing
platform
investments
investors
Current Investments
Associated British Ports
#1 ports group in the UK1
£157B of trade handled1
Associated British Ports
ABP is the UK’s largest ports group, owning and managing 22 ports across England, Wales and Scotland and handling around one quarter of the UK’s seaborne trade.
DCLI
#1 largest U.S. provider of marine and domestic chassis2
270,000 total fleet size2
DCLI
DCLI is one of the largest chassis lessors in the U.S., enabling over-the-road transportation of containerized freight to and from ports, railyards, and customer locations. With over 270,000 marine and domestic chassis in its fleet, DCLI operates out of over 500 locations throughout the U.S.
Ellevio
#2 DSO in Sweden3
99.99% reliability of supply3
Ellevio
Ellevio is the second largest electricity Distribution System Operator (DSO) in Sweden, operating delivering electricity to 968,000 customers.
Innergex
#1 largest take-private transaction in the TSX in 20254
4.9 GW aggregate gross installed capacity5
Innergex
Innergex develops, acquires, owns and operates hydroelectric facilities, wind farms, solar farms and energy storage facilities, throughout Canada, the United States, France and Chile.
Pattern
#1 largest pure-play clean energy infrastructure platform in North America6
13.7 GW gross operating and in-construction capacity6
Pattern
Pattern is North America’s largest pure-play clean energy infrastructure platform with 13.7 GW of gross operating and in-construction capacity across a highly diversified generation footprint including utility-scale wind, solar, storage, and transmission with additional distributed generation capabilities.
Port of Melbourne
#1 largest maritime hub in Australia7
3.2M TEU annually7
Port of Melbourne
Port of Melbourne is Australia’s largest container and multi-cargo port by throughput, handing a diverse mix of import and export cargo.
Tank & Rast
#1 motorway service operator in Germany8
500M guests welcomed annually8
Tank & Rast
T&R is the owner and the landlord of over 90% of motorway service areas on the German Autobahn network.
Thames Water
#1 largest water utility in the UK9
16M customers9
Thames Water
Thames Water is the largest provider of water and wastewater services in the UK serving approximately 16 million customers in London and Thames Valley area.
VTG
#1 European freight railcar lessor10
84,800 wagons10
VTG
VTG is the largest European freight railcar lessor, with a fleet of ~88,500 railcars and a 13% market share.
Waveconn
#1 largest independent tower operator in Australia11
1,335 tower / rooftop assets11
Waveconn
Waveconn is a leading specialist developer in telecommunications infrastructure in Australia. As a Tower Company (TowerCo), they manage the vertical tower/rooftop space and ground access which can then be shared between mobile service providers.
Associated British Ports
#1 ports group in the UK1
£157B of trade handled1
Associated British Ports
ABP is the UK’s largest ports group, owning and managing 22 ports across England, Wales and Scotland and handling around one quarter of the UK’s seaborne trade.
DCLI
#1 largest U.S. provider of marine and domestic chassis2
270,000 total fleet size2
DCLI
DCLI is one of the largest chassis lessors in the U.S., enabling over-the-road transportation of containerized freight to and from ports, railyards, and customer locations. With over 270,000 marine and domestic chassis in its fleet, DCLI operates out of over 500 locations throughout the U.S.
Ellevio
#2 DSO in Sweden3
99.99% reliability of supply3
Ellevio
Ellevio is the second largest electricity Distribution System Operator (DSO) in Sweden, operating delivering electricity to 968,000 customers.
Innergex
#1 largest take-private transaction in the TSX in 20254
4.9 GW aggregate gross installed capacity5
Innergex
Innergex develops, acquires, owns and operates hydroelectric facilities, wind farms, solar farms and energy storage facilities, throughout Canada, the United States, France and Chile.
Pattern
#1 largest pure-play clean energy infrastructure platform in North America6
13.7 GW gross operating and in-construction capacity6
Pattern
Pattern is North America’s largest pure-play clean energy infrastructure platform with 13.7 GW of gross operating and in-construction capacity across a highly diversified generation footprint including utility-scale wind, solar, storage, and transmission with additional distributed generation capabilities.
Port of Melbourne
#1 largest maritime hub in Australia7
3.2M TEU annually7
Port of Melbourne
Port of Melbourne is Australia’s largest container and multi-cargo port by throughput, handing a diverse mix of import and export cargo.
Tank & Rast
#1 motorway service operator in Germany8
500M guests welcomed annually8
Tank & Rast
T&R is the owner and the landlord of over 90% of motorway service areas on the German Autobahn network.
Thames Water
#1 largest water utility in the UK9
16M customers9
Thames Water
Thames Water is the largest provider of water and wastewater services in the UK serving approximately 16 million customers in London and Thames Valley area.
VTG
#1 European freight railcar lessor10
84,800 wagons10
VTG
VTG is the largest European freight railcar lessor, with a fleet of ~88,500 railcars and a 13% market share.
Waveconn
#1 largest independent tower operator in Australia11
1,335 tower / rooftop assets11
Waveconn
Waveconn is a leading specialist developer in telecommunications infrastructure in Australia. As a Tower Company (TowerCo), they manage the vertical tower/rooftop space and ground access which can then be shared between mobile service providers.
Associated British Ports
#1 ports group in the UK1
£157B of trade handled1
Associated British Ports
ABP is the UK’s largest ports group, owning and managing 22 ports across England, Wales and Scotland and handling around one quarter of the UK’s seaborne trade.
DCLI
#1 largest U.S. provider of marine and domestic chassis2
270,000 total fleet size2
DCLI
DCLI is one of the largest chassis lessors in the U.S., enabling over-the-road transportation of containerized freight to and from ports, railyards, and customer locations. With over 270,000 marine and domestic chassis in its fleet, DCLI operates out of over 500 locations throughout the U.S.
Ellevio
#2 DSO in Sweden3
99.99% reliability of supply3
Ellevio
Ellevio is the second largest electricity Distribution System Operator (DSO) in Sweden, operating delivering electricity to 968,000 customers.
Innergex
#1 largest take-private transaction in the TSX in 20254
4.9 GW aggregate gross installed capacity5
Innergex
Innergex develops, acquires, owns and operates hydroelectric facilities, wind farms, solar farms and energy storage facilities, throughout Canada, the United States, France and Chile.
Pattern
#1 largest pure-play clean energy infrastructure platform in North America6
13.7 GW gross operating and in-construction capacity6
Pattern
Pattern is North America’s largest pure-play clean energy infrastructure platform with 13.7 GW of gross operating and in-construction capacity across a highly diversified generation footprint including utility-scale wind, solar, storage, and transmission with additional distributed generation capabilities.
Port of Melbourne
#1 largest maritime hub in Australia7
3.2M TEU annually7
Port of Melbourne
Port of Melbourne is Australia’s largest container and multi-cargo port by throughput, handing a diverse mix of import and export cargo.
Tank & Rast
#1 motorway service operator in Germany8
500M guests welcomed annually8
Tank & Rast
T&R is the owner and the landlord of over 90% of motorway service areas on the German Autobahn network.
Thames Water
#1 largest water utility in the UK9
16M customers9
Thames Water
Thames Water is the largest provider of water and wastewater services in the UK serving approximately 16 million customers in London and Thames Valley area.
VTG
#1 European freight railcar lessor10
84,800 wagons10
VTG
VTG is the largest European freight railcar lessor, with a fleet of ~88,500 railcars and a 13% market share.
Waveconn
#1 largest independent tower operator in Australia11
1,335 tower / rooftop assets11
Waveconn
Waveconn is a leading specialist developer in telecommunications infrastructure in Australia. As a Tower Company (TowerCo), they manage the vertical tower/rooftop space and ground access which can then be shared between mobile service providers.
Realizations
Caruna Networks
#1 DSO in Finland12
99.98% reliability of supply12
Caruna Networks
Caruna is the largest electricity distribution system operator (DSO) in Finland, serving approximately 692,000 end users in both urban and rural areas of the country.
Exolum
#1 largest network of refined products in Europe13
#1 storage capacity in Europe13
Exolum
Exolum is the largest pipeline network in Europe owning and operating a network of over 6,000 km of pipelines and 40 storage facilities with services available in Spain, the United Kingdom, Ireland, the Netherlands, Germany, Oman, Panama, Ecuador, and Peru.
Caruna Networks
#1 DSO in Finland12
99.98% reliability of supply12
Caruna Networks
Caruna is the largest electricity distribution system operator (DSO) in Finland, serving approximately 692,000 end users in both urban and rural areas of the country.
Exolum
#1 largest network of refined products in Europe13
#1 storage capacity in Europe13
Exolum
Exolum is the largest pipeline network in Europe owning and operating a network of over 6,000 km of pipelines and 40 storage facilities with services available in Spain, the United Kingdom, Ireland, the Netherlands, Germany, Oman, Panama, Ecuador, and Peru.
Caruna Networks
#1 DSO in Finland12
99.98% reliability of supply12
Caruna Networks
Caruna is the largest electricity distribution system operator (DSO) in Finland, serving approximately 692,000 end users in both urban and rural areas of the country.
Exolum
#1 largest network of refined products in Europe13
#1 storage capacity in Europe13
Exolum
Exolum is the largest pipeline network in Europe owning and operating a network of over 6,000 km of pipelines and 40 storage facilities with services available in Spain, the United Kingdom, Ireland, the Netherlands, Germany, Oman, Panama, Ecuador, and Peru.
Our Strategy
“At McMorgan, alignment isn’t a talking point — it’s structural. We co-invest alongside some of the world’s largest direct infrastructure teams and pension systems, whose core motivations and incentives mirror those of our clients. The result is a portfolio of resilient assets targeting stability and income throughout market cycles."
Don Palmer | Partner, Chief Operating Officer
Business Sectors
Utilities
Organizations that deliver critical services, including regulated electricity transmission and distribution, natural gas distribution, water, and wastewater.
Transportation and Logistics
Systems that keep the global supply chain moving, including ports, roads, bridges, rail, airports and related asset leasing businesses.
Communications (Data)
Platforms that transmit and store data, including fiber, data centers, and telecommunications towers.
Power Generation and Storage
Businesses that create, supply, and store energy.
Other Essential Assets and Services
Critical providers across environmental services, energy transition, healthcare, social infrastructure, and government-regulated services.
