Nomura has successfully completed its acquisition of Macquarie’s US and European public asset management business, in a deal valued at a purchase price of $1.8 billion.
The deal, which was initially announced in April 2025, brings together approximately $166 billion client assets spanning equities, fixed income and multi-asset strategies under the Nomura Asset Management umbrella.
The move supports the Nomura’s vision to expand its global asset management business, and as part of the deal the firm will combine the acquired assets with its private markets business, Nomura Capital Management, and its high yield business, Nomura Corporate Research and Asset Management, to form Nomura Asset Management International, as part of Nomura Asset Management.
Kentaro Okuda, Nomura’s president and group chief executive, 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.”
In addition, the acquisition will also see Nomura Capital Management chief executive, Robert Stark also taking on the role as president and deputy chief executive of Nomura Asset Management International, while Shawn Lytle will become the offering’s chief executive, leaving his former position as head of Americas for Macquarie Group.
More than 700 Macquarie employees are also set to join the Nomura Group as part of the transaction.
Yoshihiro Namura, head of investment management division at Nomura, said: “Our goal with this transaction is simple: build a global platform with excellent investment capabilities and performance that helps clients achieve what matters most to them. I believe the new management team, led by Shawn and Robert, are well placed to deliver on our ambitions.”
Alongside the deal, Macquarie and Nomura have also formed a strategic partnership, focused on product distribution and the co-development of investment strategies.