Macquarie Asset Management Acquires AMP Capital's Global Equities and Fixed Income Business
March 28, 2022
Macquarie Asset Management (MAM), part of Macquarie Group, agreed to acquire AMP Capital's Global Equities and Fixed Income (GEFI) business for up to A$185 million and has completed financial close. The deal transfers roughly A$47 billion (reported)–A$60 billion (earlier estimate) of AuM, expands MAM's public investment capabilities and increases its pro‑forma AuM to approximately A$720 billion.
- Buyers
- Macquarie Asset Management (Macquarie Group)
- Targets
- AMP Capital Global Equities and Fixed Income business
- Sellers
- AMP Limited, AMP Capital
- Industry
- Wealth Management
- Location
- New South Wales, Australia
- Transaction Type
- Buyout
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