# Macquarie Asset Management

Macquarie Asset Management is a Global integrated public and private markets based in New York, United Kingdom.

## Overview

- **Organization type:** Global integrated public and private markets
- **Headquarters:** New York, United Kingdom
- **Region:** Europe
- **Address:** London, United Kingdom
- **Founded:** 1980
- **Assets under management:** $600B+ (per the firm, 2025)
- **Website:** macquarie.com
- **LinkedIn:** https://www.linkedin.com/company/macquarie-asset-management

## About

Macquarie Asset Management is a leading global asset manager, trusted by institutions, individuals and communities to responsibly manage approximately $A722.1b in assets. It offers a diverse range of investment solutions, including real assets, real estate, and credit. It connects the world’s capital with investment opportunities and focuses on providing solutions that meet clients’ current and evolving needs.

## Sectors

- Infrastructure
- Real Estate
- Energy Transition & Renewables
- Private Credit
- Agriculture
- Secondaries & Special Situations

## Offices

- Sydney, Australia
- New York, United States
- Hong Kong
- Singapore
- Tokyo, Japan
- Frankfurt, Germany

## People

- Shemara Wikramanayake — Chief Executive Officer, Macquarie Group
- Ben Way — Group Head of Macquarie Asset Management

## Questions

### Who runs investment decisions at Macquarie Asset Management?

Ben Way is the Group Head of Macquarie Asset Management, overseeing the consolidated real assets, private credit, and equities divisions. He reports to Macquarie Group CEO Shemara Wikramanayake, who spent much of her earlier career building the infrastructure funds business. Investment decisions are delegated to portfolio managers within each specialist team, with the real assets division maintaining separate investment committees for infrastructure, real estate, and agriculture.

### How does Macquarie Asset Management source proprietary deal flow?

MAM sources deals through a combination of its 22-office global footprint, the Macquarie Group advisory and trading relationships, and long-standing operating partner networks. The firm's corporate carve-out capability is a distinctive pipeline: it often acquires infrastructure assets directly from industrial owners and utilities who are not running formal auction processes. In agriculture, its established origination teams in Australia and Brazil buy land and operating companies through bilateral negotiations rather than brokered processes.

### Is Macquarie Asset Management structured as a fund manager or does it operate portfolio companies directly?

MAM manages commingled funds, separate accounts, and listed vehicles, but its model is unusually hands-on: it directly operates platform companies in infrastructure and agriculture. Its Australian grain business, for example, runs physical storage and logistics networks rather than acting as a passive financial owner. This operating capability is rare among institutional asset managers and stems from Macquarie's merchant banking roots.

### Which sectors does Macquarie Asset Management avoid?

MAM explicitly avoids early-stage venture capital and growth equity outside its specialized Macquarie Capital venture arm, which operates adjacent to the asset management division. Within private credit, it stays almost entirely in senior secured direct lending and avoids distressed debt and high-yield trading strategies. In real estate, the firm has publicly shifted away from office and retail assets in favor of logistics and residential.

### How is Macquarie Asset Management related to Macquarie Group's other businesses?

MAM is one of four operating divisions of Macquarie Group, a publicly traded Australian financial conglomerate. It sits alongside Macquarie Capital (advisory and principal investing), Commodities and Global Markets (sales and trading), and Banking and Financial Services (retail and business banking). The asset management division is physically and operationally separated from the trading businesses, with its own balance sheet, risk systems, and governance, though Macquarie Group's appetite for seeding new strategies with proprietary capital creates an unusual alignment mechanism not found at independent managers.

### Where does Macquarie Asset Management's infrastructure portfolio have its heaviest concentration?

MAM's infrastructure portfolio is weighted toward Europe and North America, where its largest asset holdings include UK utility networks, European offshore wind transmission, and North American digital infrastructure. Its Macquarie European Infrastructure Fund series has been a primary deployment vehicle for OECD-regulated assets, while the US-focused Macquarie Infrastructure Partners funds target mid-market infrastructure. The Australian portfolio, where the firm began, remains a meaningful but proportional minority of overall infrastructure assets under management.

## Related profiles

- [Global Strategic Investment Fund Corporation](https://altss.com/profile/global-strategic-investment-fund-corporation)

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Last updated: 2026-08-11T15:07:19.634Z

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