A&O Shearman represented Macquarie Asset Management in its USD1.8 billion sale of North American and European public investments business to Nomura. Macquarie Asset Management (MAM) is the asset management division of Macquarie Group (ASX: MQG). The sale includes MAM's North American and European equities, fixed income and multi-asset businesses.
As part of the all-cash transaction, MAM and Nomura will collaborate on product and distribution opportunities to serve their respective clients. The transaction is subject to regulatory approvals and customary closing conditions and is expected to close by the end of the calendar year 2025. The deal was announced on April 21, 2025, in a press release by Macquarie.
The A&O Shearman that represented Macquarie Asset Management was led by M&A of counsel Stephen Besen and M&A partner Sean Skiffington, M&A counsel Andy Piepers and M&A associates Luca Marescotti and Azka Anees. The team also included Financial Services Regulatory partner Susan Gault-Brown, Tax partner Larry Crouch, IP transactions partner Keren Livneh, Compensation, Employment, Pensions & Governance partner Brian Jebb, M&A partner Sylvain Cailleau, Financial Services Regulatory partner Baptiste Aubry, Environmental & Sanctions partner Ken Rivlin, Antitrust partner Jonathan Cheng and Financial Regulatory partner Jennifer Morton.