Macquarie Capital

What Macquarie Capital does

Macquarie Capital is the corporate advisory, investment, and principal investing arm of Macquarie Group Limited (ASX: MQG), a global financial services organization headquartered in Sydney, Australia, that has reported 57 years of unbroken profitability. The firm operates in 30 markets with 19,100+ employees group-wide (2,300+ in the Americas) and group-wide assets under management of A$722.1 billion as at 31 March 2026, including approximately US$103 billion in the Americas. Macquarie Capital's product set spans four primary revenue streams: advisory services (M&A advisory, capital markets advisory, and strategic consulting billed via transaction-based and contract fees), asset management (management and performance fees on diversified portfolios across infrastructure, real assets, and other strategies), principal finance (direct equity acquisitions such as Wavenet, Aryza, Camin Cargo Control, Kalkomey, and Byggfakta/Hubexo, generating returns through ownership, interest, and capital appreciation), and private credit (financing solutions including a $2.35 billion debt tranche plus $5 billion preferred equity commitment to Applied Digital, with H1 2025 profits near-doubling year-on-year). The firm additionally operates a venture capital arm (Macquarie Capital Venture Capital) writing checks from $20M seed rounds to participation in $1.4B late-stage rounds, with recent activity concentrated in AI infrastructure, AI project delivery, robotics, fintech, and space-tech.

Macquarie Capital sells through direct enterprise and institutional channels via dedicated relationship teams, sector specialists (renewables, infrastructure, technology, resources, commodities, energy), and regional advisory teams across regional headquarters in Sydney, Hong Kong, Singapore, London, and New York, plus 50+ other offices. Distribution is institutional and high-touch rather than self-serve or productized. Pricing is not publicly disclosed but follows standard financial services conventions: asset management fees are charged as a percentage of AUM with performance fees on returns (annual cadence), advisory fees are transaction-based as a percentage of deal value, and private credit pricing is risk-based.

The customer base spans corporations, governments, and institutional investors across infrastructure and real assets, technology and growth companies, and commodities and resources. Notable disclosed customers and counterparties include Wavenet (UK telecoms, 8,000+ end-customers and public-sector bodies), UK DVLA (telecoms contract), Camin Cargo Control Holdings (global TIC for energy), Aryza (credit and debt management software), Kalkomey Enterprises (recreational safety education), and Byggfakta Group (construction data and software across 20+ countries). Within technology investing, Macquarie Capital has been a counterparty to Applied Digital, Starcloud, Skild AI, WHOOP, Foresight, octonomy, KOR, and Enterprise Risk Associates.

The underlying "technology" of the franchise is a financial services platform supporting advisory, investment management, trading, and capital markets operations across global markets, with operating and engineering functions co-located in offices such as Mumbai (engineering/R&D-typed location). The model emphasizes specialist sector expertise, diversified revenue across advisory, asset management, principal finance, and private credit, and durable capital deployment at scale enabled by group-wide AUM.

Name

Macquarie Capital

Legal name

Macquarie Group Limited

Website

https://macquarie.com

Company type

Public

Founded year

1969

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Macquarie Capital is the corporate advisory, investment, and principal investing division of Macquarie Group Limited, a global financial services firm operating in 30 markets with A$722.1 billion in group AUM, serving corporations, governments, and institutional investors.

Ownership category

akta.pro rank

Product category

Investment Banking and Advisory Services

NAICS

Portfolio Management and Investment Advice (523940), All Other Financial Investment Activities (52399), Depository Credit Intermediation (5221), Miscellaneous Financial Investment Activities (523999)

SIC

Investment Advice (6282), Investors, Nec (6799), Loan Brokers (6163)

akta.pro primary industry

Corporate Finance & Capital Advisory (BPAHADAB)

akta.pro secondary industries

Middle-Market Lending (FSANADAI), Large-Cap / Sponsor Finance Direct Lending (FSANADAJ), Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE), Capital Raising Advisory (Equity & Equity-Linked) (FSAEAGAC)

Keywords

• Corporate advisory services
• Capital markets advisory
• Principal finance investments
• Asset management services
• Private credit financing

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices53 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Advisory Services: M&A advisory, capital markets advisory, and strategic consulting services for corporate transactions
2. Asset Management: Management of assets across infrastructure, real assets, and investment portfolios generating management fees and performance fees
3. Principal Finance: Direct investments in companies and assets generating returns through ownership stakes, interest income, and capital appreciation
4. Private Credit: Private credit portfolio providing financing solutions with near-doubling of profits in H1 2025, driven by mergers, acquisitions, and performance fees

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Macquarie Capital is the corporate advisory, investment, and principal investing arm of Macquarie Group Limited. It delivers M&A advisory, capital markets advisory, asset management, direct principal investments, private credit financing, and venture capital/growth equity to corporations, governments, financial institutions, and institutional investors globally.

Product overview

Macquarie Capital operates as the corporate advisory, investment, and principal investing arm of Macquarie Group Limited, a global financial services organization. Rather than offering a unified technology product platform, Macquarie Capital's business model centers on strategic investments, acquisitions, and divestments across portfolio companies. The investment portfolio spans multiple sectors including AI infrastructure (Applied Digital, Starcloud, Foresight, octonomy, Skild AI), financial technology (KOR, Aryza), insurance (Enterprise Risk Associates), and specialized services (Kalkomey, Wavenet, Camin Cargo, Byggfakta). These portfolio companies operate as independent brands under Macquarie Capital's ownership or investment umbrella, providing diverse services from orbital data centers and robotics AI to recreational safety education and telecommunications solutions.

Differentiator

Problem solved

Functional benefit

Products and services

• M&A Advisory Services M&A advisory services providing strategic transaction support to corporations, financial institutions, and institutional investors across sectors and geographies.
• Capital Markets Advisory Capital markets advisory and strategic consulting services for corporate transactions including capital raising, equity, debt, and structured financings.
• Asset Management Management of assets across infrastructure, real assets, and investment portfolios generating management fees and performance fees for institutional clients.
• Principal Finance / Direct Investments Direct investments in companies and assets generating returns through ownership stakes, interest income, and capital appreciation.
• Private Credit Financing Private credit portfolio providing financing solutions with near-doubling of profits in H1 2025, driven by mergers, acquisitions, and performance fees.
• Venture Capital / Growth Equity Growth capital provision to technology startups through funding rounds, including Series A investments in space-tech and AI companies.

Quantifiable outcome

• Near-doubling of profits year-on-year in H1 2025 driven by private credit portfolio gains
• +2 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators16 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Goldman Sachs: Goldman Sachs operates a global investment banking, securities trading, and asset management franchise with a comparable mix of M&A advisory, capital markets, principal investing, and asset management. Both firms serve corporate, institutional, and government clients globally with overlapping sector specializations in energy, infrastructure, and technology.
• Morgan Stanley: Morgan Stanley runs a closely comparable franchise across investment banking advisory, capital markets, institutional securities, and a substantial asset management arm (MSIM). Both firms target corporate and institutional clients with a similar mix of advisory and principal investing activities globally.
• Citigroup: Citigroup operates a global investment banking, capital markets, and wealth management franchise with comparable institutional advisory, equity capital markets, and emerging-markets coverage. Both firms emphasize cross-border corporate and institutional client coverage across multiple regions.
• UBS Group: UBS is one of the closest direct comparables given its parallel mix of investment banking advisory, large global asset management (post-Credit Suisse integration), and wealth management. Both firms emphasize advisor-led institutional and corporate relationships across multiple geographies.
• Deutsche Bank: Deutsche Bank's investment bank division competes directly in M&A advisory, capital markets, and principal finance with comparable sector coverage in infrastructure, energy, and financial sponsors. Both firms have global institutional footprints with strong EMEA and APAC presence.
• Barclays: Barclays operates a comparable investment banking franchise with overlapping M&A advisory, capital markets, and principal investing capabilities, plus asset management through Barclays Investments. Both firms serve corporate and institutional clients globally with similar sector breadth.
• Lazard: Lazard is a closely comparable financial advisory firm with deep M&A advisory and capital markets advisory businesses plus asset management (Lazard Asset Management). Both firms emphasize pure advisory, sector specialist expertise, and global cross-border deal execution.
• Jefferies Financial Group: Jefferies competes directly in mid-market and large-cap investment banking advisory, capital markets, and principal investing with comparable sector coverage in technology, energy, and financial sponsors. Both firms emphasize lean, sector-specialist advisory teams serving corporate and institutional clients.
• Evercore: Evercore is a comparable independent advisory firm focused on M&A advisory, capital markets advisory, and equity research with a smaller asset management arm. Both firms compete for large-cap corporate advisory mandates globally with similar senior-banker-led models.

Broad incumbents

• JPMorgan Chase: JPMorgan operates the largest global investment banking and asset management franchise with significant overlap in M&A advisory, capital markets, private credit, and asset management. As a broad incumbent, it offers deeper balance-sheet capacity but is less specialized than Macquarie in infrastructure and renewables.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

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• LinkedInlinkedin.com/company/macquariegroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries6 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A13 records

Investments113 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Macquarie Capital