Prime Highlights:
- Nomura completes the acquisition of Macquarie’s U.S. and European asset management business, bringing US$166 billion in client assetsunder management.
- The newly formed Nomura Asset Management Internationalaims to build a strong, diversified global investment platform.
Key Facts:
- Nomura will start distributing select Macquarie private funds to high-net-worth and family office clients in the U.S.
- The deal strengthens Nomura’s position in the global asset management industry, especially in the U.S. market.
Background:
Nomura announced today that it has completed the acquisition of Macquarie’s U.S. and European public asset management business in a deal valued at US$1.8 billion. The closure brings approximately US$166 billion in client assets across equities, fixed income, and multi-asset strategies, under the global Nomura Asset Management umbrella.
The transaction, first revealed in April 2025, marks a major step in Nomura’s long-term strategy to scale its global investment platform. As part of the integration, Nomura will combine its private markets arm, Nomura Capital Management (NCM), and its high-yield business, Nomura Corporate Research and Asset Management (NCRAM), with the newly acquired operations to create Nomura Asset Management International.
Nomura’s President and Group CEO, Kentaro Okuda, said the deal aligns closely with the company’s 2030 Management Vision. “It strengthens our platform, expands our assets under management, and moves us forward in building a more diversified global business,” he noted.
The new entity will be led from New York and Philadelphia, with Shawn Lytle appointed CEO of Nomura Asset Management International. Lytle, who previously served as Head of Americas for Macquarie Group, will report to Yoshihiro Namura, Head of Nomura’s Investment Management Division, and Satoshi Kawamura, CEO and President of Nomura Holding America Inc. Robert Stark will serve as President and Deputy CEO while continuing in his role as CEO of Nomura Capital Management.
Chris Willcox, Chairman of Nomura’s Investment Management Division, welcomed the early completion of the deal, saying it sets the stage for stronger global growth and deeper investment capabilities. Yoshihiro Namura added that the unified platform is designed to deliver industry-leading performance and client-focused solutions.
Alongside the acquisition, Nomura and Macquarie have finalized a strategic partnership covering product distribution and the joint development of investment strategies. Under the agreement, Nomura will start offering select Macquarie private funds to high-net-worth and family office clients in the U.S. Both companies will also work together to create new investment solutions for clients in the U.S. and Japan.
The completion of the deal strengthens Nomura’s position in the global asset management industry and helps the firm grow its presence in the U.S. market.