Macquarie infra fund board "needs people with ideas"

Lim Advisors and Metage Capital are seeking the addition of three directors at Macquarie International Infrastructure Fund (MIIF) to bolster the existing board, says one of the proposed nominees put forward by the hedge fund managers. “We don’t seek to change any of the board [members], but we think they need additional people who’ve got more ideas,” says Nicholas Paris, managing partner of UK-based fund advisory firm Purbeck Advisers, which advises Lim on Asian closed-end funds. …