NEW YORK, May 26, 2016 – OppenheimerFunds, a leading global asset manager, today announced a strategic partnership with Macquarie Investment Management, a division of Macquarie Group Limited (ASX:MQG), to launch the Oppenheimer Macquarie Global Infrastructure Fund.

“We are excited about this new relationship with Macquarie and believe that providing a global listed infrastructure offering will complement our existing real asset strategies for our clients,” said Art Steinmetz, Chairman and CEO of OppenheimerFunds. “As part of the largest infrastructure asset manager in the world, Macquarie Investment Management offers a well-established global infrastructure platform and tenured investment team that complement our strong in-house capabilities.”

The Oppenheimer Macquarie Global Infrastructure Fund seeks total return. The mutual fund seeks to offer portfolio diversification, a potential hedge against inflation, strong risk-adjusted returns relative to the broader equity market, and liquid exposure to an asset class that has traditionally only been available in private or illiquid structures. The fund employs rigorous, fundamental bottom-up research to identify hidden alpha opportunities as well as robust portfolio construction and risk management.

The portfolio managers invest in listed U.S. and non-U.S. companies that own or operate infrastructure assets such as toll roads, airports, seaports, utilities, and pipelines. The fund is managed by members of Macquarie’s highly experienced global listed infrastructure team: Brad Frishberg, Chief Investment Officer and Lead Portfolio Manager; Anthony Felton, Portfolio Manager; and Jonathon Ong, Portfolio Manager. The team’s dual location in New York City and Sydney, Australia, ensures trading coverage across all time zones.

“We are truly excited about this partnership with OppenheimerFunds,” said Brad Frishberg, Chief Investment Officer of Macquarie’s global listed infrastructure strategies and Lead Portfolio Manager of Oppenheimer Macquarie Global Infrastructure Fund. “This fund will invest in high-quality, real assets that are essential to the efficient functioning of global economies. The companies in which we invest generally offer attractive characteristics, which can include stable cash flows, strong competitive positions, and inflation protection. We look forward to working with OppenheimerFunds as more investors recognize the potential benefits of adding global listed infrastructure to their asset allocation frameworks.”

OFI Global Asset Management, Inc., a wholly-owned subsidiary of OppenheimerFunds, Inc., is the Manager, OppenheimerFunds, Inc., is the Sub-adviser, and Macquarie Investment Management is the Sub-Sub-adviser of the Oppenheimer Macquarie Global Infrastructure Fund.