Nomura Acquires Macquarie's U.S. & European Public Asset Management Business

Macquarie Asset Management Acquires AMP Capital's Global Equities and Fixed Income Business

March 28, 2022

Wealth Management

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.

Macquarie Asset Management Acquires Central Park Group

March 14, 2022

Financial Services

Macquarie Asset Management, the asset management division of Macquarie Group, has acquired New York-based Central Park Group, an independent investment advisory firm that provides high-net-worth clients access to institutional-quality alternative investments. The acquisition (completed in early 2022) strengthens Macquarie's US high-net-worth alternatives offering and expands its distribution and advisory capabilities for alternative strategies.

U.S. Bancorp Asset Management Acquires PFM Asset Management

December 7, 2021

Financial Services

U.S. Bancorp Asset Management, Inc., a subsidiary of U.S. Bank, has completed the acquisition of PFM Asset Management LLC. PFM will continue to operate as a separate registered investment advisor and more than 250 PFM employees have joined U.S. Bank, bolstering U.S. Bank’s institutional asset management capabilities, particularly in the public-sector market.

Macquarie Asset Management Acquires Remaining 20% of National Gas

July 26, 2024

Energy

Macquarie Asset Management, via a consortium of its managed equity and funds, has exercised its option to acquire the remaining 20% equity stake in National Gas from National Grid, giving the consortium 100% ownership. The move secures full control to support National Gas’s operation of the UK gas transmission network and accelerate future initiatives such as hydrogen network development and other decarbonisation projects.

Macquarie Asset Management-led consortium to acquire further 20% stake in National Gas

July 19, 2023

Energy

A consortium led by Macquarie Asset Management has agreed to acquire an additional 20% equity interest in National Gas from National Grid, taking the consortium's total ownership to 80%. The deal, on equivalent terms to the original January 2023 transaction, is subject to regulatory clearance and is expected to complete in the second half of 2023; the consortium also holds an option to acquire the remaining 20% between May and July 2024.

Macquarie Asset Management Acquires Minority Stake in EDGE

February 3, 2022

Real Estate

Macquarie Asset Management (on behalf of one of its managed funds) agreed to acquire a significant minority stake in Amsterdam-based sustainable real estate developer EDGE. The strategic partnership will support EDGE's expansion of sustainable, tech-enabled office developments across existing and new markets and help scale its platform and development pipeline.