Macquarie Asset Management Acquires Central Park Group
March 14, 2022
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.
- Buyers
- Macquarie Asset Management (Macquarie Group)
- Targets
- Central Park Group, LLC
- Industry
- Financial Services
- Location
- New York, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Nomura Acquires Macquarie's U.S. & European Public Asset Management Business
April 22, 2025
Wealth Management
Nomura has agreed to acquire Macquarie Asset Management’s North American and European public asset management business (including equities, fixed income and multi‑asset strategies) in an all‑cash transaction for roughly US$1.8 billion, subject to closing adjustments and regulatory approvals. The business—led from Philadelphia with more than 700 employees and approximately US$180 billion of AUM—will join Nomura’s Investment Management division, and the firms will also enter a broader product and distribution collaboration.
-
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 Acquires Waddell & Reed Financial, Inc.
April 30, 2021
Financial Services
Macquarie Asset Management completed its acquisition of Waddell & Reed Financial, Inc., retaining the asset management business and adding approximately $76 billion in AUM. Concurrently, Macquarie sold Waddell & Reed's wealth management platform to LPL Financial, and the firms entered a long-term strategic partnership.
-
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.
-
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 Best in Parking AG
April 26, 2023
Infrastructure
Macquarie Asset Management, via Macquarie European Infrastructure Fund 7, has agreed to acquire a significant minority stake in Best in Parking AG, a Vienna-based developer, owner and operator of parking and mobility infrastructure across Central and Southeast Europe. The investment will support Best in Parking’s rollout of EV charging (targeting ~1,000 chargers by 2025), digital solutions and further site expansion; the Breiteneder family (through Breiteneder Immobilien Parking AG) will retain the majority stake. The transaction was expected to close by Q3 2023 and terms were not disclosed.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.