Corporate Structure

Arqiva is owned by a consortium of eight shareholder groups, the two largest being Canada Pension Plan Investment Board (CPPIB) with a 48% holding and Macquarie European Infrastructure Fund 2 (MEIF 2) with 21%.  Various other Macquarie-managed funds account for 13%, Industry Funds Management (IFM) has almost 13% and Motor Trades Association of Australia (MTAA) holds 5%.

The CPP Investment Board is a professional investment management organisation that invests the funds not needed by the Canada Pension Plan to pay current pensions.  Cash flows are invested in a broadly diversified portfolio of public equities, private equities, inflation-sensitive assets (such as inflation-linked bonds, real estate and infrastructure), and fixed income instruments.  CPPIB manages C$116.6 billion on behalf of 17 million Canadians.  Headquartered in Toronto, the CPP Investment Board is governed and managed independently of the Canada Pension Plan and at arm's length from governments.

Macquarie European Infrastructure Fund 2 (MEIF 2) was launched following the success of MEIF 1, to take advantage of the growing number of infrastructure investment opportunities within the expanding European Union.  MEIF 2 is a €4.6bn wholesale fund that invests in businesses which provide an essential service to the community, have a strong competitive position and generate stable cashflows over the long term.

Industry Funds Management (IFM) dates back to 1990 with the formation of Development Australia Fund, a fund created by Australian superannuation funds to invest in growing Australian private and public companies and infrastructure. IFM has since grown to over A$19.5 billion in funds under management worldwide as at 30 June 2009.  IFM specialises in the management of diversified investment portfolios across the infrastructure, private equity, publicly-traded equities and debt investment sectors.