Macquarie Capital

Macquarie Capital commits its own balance sheet — in equity, mezzanine, and senior debt — alongside the institutional and government clients it advises. This creates co-investment alignment and proprietary sourcing, as the firm has both advisory fees and principal returns at stake. Most global investment banks separate advisory and principal activities into distinct divisions under Volcker Rule-type constraints, whereas Macquarie Capital integrates them under unified leadership.

Michael Silverton was appointed sole Global Head of Macquarie Capital in 2025 (per Bloomberg, March 2025). He oversees the unified advisory and principal investing platform globally. The broader Macquarie Group is led by CEO Shemara Wikramanayake, who has held that role since 2018.

Macquarie Group has publicly committed more than A$20 billion to renewables and decarbonization investments by 2030, with Macquarie Capital serving as the principal deployment and advisory arm (per Macquarie Group, 2024). The division originates, structures, and invests in utility-scale wind, solar, energy storage, and grid infrastructure projects globally. This sits alongside Macquarie Asset Management's own infrastructure fund strategies.

Yes, Macquarie Capital operates a dedicated venture capital and growth equity practice. The group invests in technology sectors including enterprise software, fintech, mobility, and climate technology, with a geographic focus on Australia, the United States, Europe, and Israel. Investments are typically growth-stage, with check sizes that can accommodate both minority and control positions, leveraging Macquarie's ability to follow on with debt and structured capital.

Macquarie Capital serves as both a standalone principal investor and a pipeline for Macquarie Asset Management (MAM). MAM manages over A$900 billion in total assets (per Macquarie Group, 2024) across infrastructure, real assets, equities, and fixed income. Macquarie Capital often originates, incubates, or co-develops assets that may later be transferred to MAM-managed funds, particularly in infrastructure and real estate.

Macquarie Capital maintains its headquarters in Sydney, with major investment and advisory hubs in New York, London, Hong Kong, Singapore, and Tokyo. Transaction activity is concentrated in Australia, North America, and Europe, with growing presence in infrastructure and energy projects across Southeast Asia and Japan.

Macquarie Capital deploys the Macquarie Group balance sheet directly into principal equity, debt, and structured investments. It does not raise third-party commingled funds — that function resides with Macquarie Asset Management. However, Macquarie Capital frequently co-invests alongside client capital on advisory mandates and project finance transactions, creating a hybrid principal-plus-client capital model.