Macquarie Infrastructure Fund, L.P. (the “Fund”) entered into Amendment No. 1 to the Amended and Restated Investment Advisory Agreement with its advisor, Macquarie Wealth Advisers, LLC, on October 22, 2026. The amendment modifies the fee structure for the Fund’s limited partnership units (the “Units”).
Under the terms of the amendment, the Adviser has agreed to waive the entire Management Fee for the period beginning with the initial acceptance of subscriptions by non-affiliated investors (the “Initial Closing”) and ending on November 30, 2027.
Following the initial waiver period, the Adviser will waive a portion of the Management Fee from December 1, 2027, through November 30, 2028. During this period, the Management Fee will be charged at an annual rate of 1.00% of the Fund's net asset value (NAV) for class S, class D, and class I Units.
Beginning on December 1, 2028, the Management Fee will return to an annual rate of 1.25% of the Fund's NAV for the same class of Units.
In addition to the advisory fee changes, the Fund entered into an Amended and Restated Expense Limitation and Reimbursement Agreement with the Adviser on October 22, 2026. This agreement amended and restated a previous expense limitation agreement effective October 31, 2025. The new agreement extends the duration of the expense limitation period from one year to three years, beginning on the Initial Closing date.
