Nomura Acquires Macquarie US and EU Asset Management Units

Nomura is set to acquire Macquarie’s US and European public asset management business, in a push to expand the firm’s global capabilities.  The deal, valued at an all-cash purchase price of $1.8 billion, is expected to close by the end of 2025, subject to customary closing conditions and regulatory approvals, and will see Nomura acquiring Macquarie’s three “Target Companies” in a 100% stock purchase transaction. Through the move, Nomura will gain $180 billion in retail and institutional client assets across equities, fixed income and multi-asset strategies. Similarly, the deal aligns with the Japanese company’s aim to expand its global asset management, and Nomura’s investment management franchise’s total assets under management are expected to increase to approximately $770 billion upon completion of the deal, with more than 35% being managed on behalf of clients outside of Japan.  More than 700 Macquarie employees are set to join the Nomura Group.