Nomura Eyes Global Growth With $1.8 Billion Macquarie Asset Buyout, Targets Growing AUM To $770 Billion

On Tuesday, Nomura Holdings Inc NMR disclosed a definitive agreement to acquire Macquarie Group, Ltd.’s MCQEF public asset management operations in the U.S. and Europe in an all-cash deal valued at $1.8 billion.

The deal includes around $180 billion in assets under management from retail and institutional clients, spanning equity, fixed income, and multi-asset strategies.

The transaction is expected to close by the year-end, pending regulatory approvals and customary closing conditions.

This acquisition is projected to enhance Nomura’s global reach and capabilities of its Investment Management Division, which currently oversees approximately $590 billion in assets.

Following the deal’s completion, Nomura’s total assets under management are expected to rise to roughly $770 billion, with over 35% of those assets managed for clients outside Japan.

The transaction will also establish the company’s substantial operational base in Philadelphia.

Kentaro Okuda, Nomura President and Group CEO, said “This acquisition will align with our 2030 global growth and diversification ambitions to invest in stable, high margin businesses,”

As of December 31, 2024, cash and cash deposits stood at 5.575 billion Yen.

Price Action: NMR shares are up 2.75% at $5.600 at the last check Wednesday.

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