Nomura finalizes acquisition of Macquarie's US and European asset management business

Nomura Holdings announced today the completion of its acquisition of Macquarie Group's US and European public asset management business for $1.8 bn. This deal, disclosed in April 2025, adds approximately $166 bn in client assets across equities, fixed income, and multi-asset strategies. The integration will create Nomura Asset Management International, based in New York and Philadelphia, combining Nomura's private markets and high yield businesses with the newly acquired assets.

Shawn Lytle, formerly head of Americas for Macquarie Group, will serve as CEO of Nomura Asset Management International, with Robert Stark as president and deputy CEO. This strategic expansion is a crucial step towards Nomura's 2030 Management Vision, aimed at boosting assets under management and diversifying its platform. The newly formed entity will operate under the Nomura Asset Management brand, focusing on building a global platform with strong investment capabilities.

In conjunction with the acquisition, Nomura and Macquarie have established a strategic partnership for product distribution and co-development of investment strategies. This collaboration will include distributing select Macquarie private funds to US high-net-worth and family office clients, and jointly developing innovative investment solutions for clients in the US and Japan.