Nomura has completed the $1.8bn acquisition of Macquarie’s US and European asset management business.
As part of the deal, Nomura will bring its private markets and high yield businesses together with the acquired assets from Macquarie to form Nomura Asset Management International.
The two asset managers have also announced a strategic partnership for product distribution and co-development of investment strategies.
Kentaro Okuda, Nomura’s president and group CEO, said: “The successful close of this transaction marks a significant step towards our 2030 Management Vision, boosting our assets under management and diversifying and strengthening our platform.”
