Important information
Macquarie Bank Limited (“MBL”) is an Australian Public Limited Company incorporated in the Australian Capital Territory, Australia (ABN 46 008 583 542 Australian Financial Services Licence (“AFSL”) and Australian Credit Licence 237502). The registered office for MBL is Level 6, 50 Martin Place, Sydney NSW 2000, Australia.
MBL (including its branches) is authorised by the Australian Prudential Regulation Authority (“APRA”). Details of the extent of our regulation by APRA and the Australian Securities & Investment Commission (“ASIC”) are available from us on request.
Macquarie Bank Limited (London Branch) (“MBLLB”) is registered in England and Wales as a branch of a foreign company under number BR002678 (Company No. FC018220). The registered office for MBLLB is Ropemaker Place, 28 Ropemaker Street, London, EC2Y 9HD, United Kingdom.
Macquarie Bank Limited (including its branches) is authorised and regulated by the Australian Prudential Regulation Authority. MBLLB is authorised by the Prudential Regulation Authority, and is subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request (FCA Firm No. 170934).
Dubai: Macquarie Bank Limited – DIFC Branch is a Branch office of Macquarie Bank Limited (‘MBL’) in the Dubai International Financial Centre (‘DIFC’). Macquarie Bank Limited – DIFC Branch is regulated by the Dubai Financial Services Authority (DFSA). The registered office is The Gate Village, Level 3, Building 11, Dubai International Finance Centre, Dubai, United Arab Emirates, PO Box 506751.
Macquarie Bank Limited – DIFC Branch is authorised by the DFSA (under Financial Services Permission No. F001369) to conduct the following regulated activities:
South Africa: Macquarie Bank Limited maintains a Representative Office in South Africa and is an authorised Financial Services Provider (FSP 43949) licensed by the Financial Sector Conduct Authority.
Switzerland: Macquarie Bank Limited maintains a Representative Office in Zurich but is not authorised to conduct business in Switzerland by FINMA.
Republic of Ireland: Macquarie Bank Europe Designated Activity Company (“MBE”) is incorporated and registered in Ireland (company number 634817). The registered office for MBE is 1st Floor Connaught House, 1 Burlington Road, Dublin 4, Ireland.
Macquarie Bank Europe Designated Activity Company is regulated by the Central Bank of Ireland.
France: Macquarie Bank Europe Designated Activity Company Paris Branch (“MBE Paris Branch”) is regulated by the Autorité de contrôle prudentiel et de résolution (“ACPR”) and the Autorité des Marchés Financiers (“AMF”) for conduct of business rules. The address for the MBE Paris Branch is 12-14 Rond-Point des Champs-Élysées, 75008 Paris, France.
Germany: Macquarie Bank Europe Designated Activity Company, Frankfurt Branch (“MBE Frankfurt Branch”) is regulated by the Bundesanstalt für Finanzdienstleistungsaufsicht (“BaFin”) for conduct of business rules. The address for the MBE Frankfurt Branch is OpernTurm, Bockenheimer Landstrasse 2-4, 60306 Frankfurt am Main.
Macquarie Capital (Europe) Limited (“MCEL”) is incorporated and registered as a private limited company in England and Wales (Company No. 03704031). The registered office for MCEL is Ropemaker Place, 28 Ropemaker Street, London, EC2Y 9HD, United Kingdom.
MCEL is authorised and regulated by the Financial Conduct Authority (FCA Firm No. 193905).
Ireland: Macquarie Capital (Europe) Limited, Dublin branch (“MCEL Dublin Branch”). The registered office for MCEL Dublin Branch is 1st Floor Connaught House, 1 Burlington Road, Dublin 4, Ireland. MCEL Dublin Branch is not authorised or regulated to conduct business in Ireland by the Central Bank of Ireland.
Switzerland: Macquarie Capital (Europe) Limited maintains a Representative Office in Geneva but is not authorised to conduct business in Switzerland by the Swiss Financial Market Supervisory Authority (“FINMA”).
Macquarie Capital France Société Anonyme (“MCF”) is incorporated and registered in France (company number 885 184 697 R.C.S. Paris). The registered office for MCF is 12-14 rond point des Champs-Elysées, 75008, Paris.
MCF is regulated by the Autorité de contrôle prudentiel et de résolution (“ACPR”) and the Autorité des Marchés Financiers (“AMF”).
Germany: Macquarie Capital France SA, Niederlassung Deutschland (“MCF Germany Branch”) is registered with the local court (Amtsgericht) in Frankfurt/Main under number HRB 120651. MCF Germany Branch is regulated by the Bundesanstalt für Finanzdienstleistungsaufsicht (“BaFin”) for conduct of business rules. The registered office for MCF Germany Branch is OpernTurm Bockenheimer Landstrasse 2-4, 60306 Frankfurt am Main, Germany.
Macquarie Capital France SA, Italy Branch (“MCF Italy Branch”) is regulated by the CONSOB (Commissione Nazionale per le Società e la Borsa) for conduct of business rules. The registered office for MCF Italy Branch is VIA GAETANO NEGRI 4, PIANO 4, 20123 Milan, Italy.
Netherlands: Macquarie Capital France SA, Benelux Branch (“MCF Benelux Branch”) is regulated by the Netherlands Authority for the Financial Markets (Autoriteit Financiële Markten or “AFM”) for conduct of business rules. The registered office for MCF Benelux Branch is Strawinskylaan 1021 1077XX, Amsterdam, The Netherlands.
Spain: Macquarie Capital France SA, Sucursal en España (“MCF Spain Branch”) is regulated by the National Securities Market Commission (Comisión Nacional del Mercado de Valores or “CNMV”) for conduct of business rules. The registered office for MCF Spain Branch is at Calle Serrano, 21, level 5, 28001 Madrid, Spain.
Macquarie Asset Management (MAM) offers a diverse range of products including securities investment management, infrastructure and real asset management, and fund and equity-based structured products. Macquarie Asset Management (MAM) is the marketing name for certain companies comprising the asset management division of Macquarie Group.
Macquarie Infrastructure and Real Assets (Europe) Limited (“MIRAEL”) is registered in England and Wales (Company No. 03976881). The registered office for MIRAEL is Ropemaker Place, 28 Ropemaker Street, London, EC2Y 9HD, United Kingdom.
MIRAEL is authorised and regulated by the Financial Conduct Authority (FCA Firm No.195652).
Under Rule 2.2B.5R of the Conduct of Business Sourcebook in the FCA Rules, Macquarie Infrastructure and Real Assets (Europe) Limited (the "Firm" or “MIRAEL”) when investing on behalf of investors in shares traded on a regulated market, is required either to develop and publicly disclose an engagement policy as described in the revised Shareholder Rights Directive (the “SRD II”) or publicly disclose a clear and reasoned explanation of why it has chosen not to develop and adopt a shareholder engagement policy.
The Firm is an investment manager which manages a number of wholesale investment fund vehicles established to pursue investment opportunities predominantly in the infrastructure sector in Europe. The majority of these fund vehicles target assets with core infrastructure characteristics including providing essential services to the community with sustainable and predictable cashflows over the long term with relatively limited exposure to the economic cycle. In all such fund vehicles, the Firm seeks to make investments in portfolio companies where the fund vehicle has with sufficient influence over the key strategic, commercial and financial decisions of each portfolio company for so that the Firm to be is able to utilise its expertise and capability to contribute to the success of the investment. As such, the Firm rarely invests in listed equity securities, and if it does, this is typically with the objective of taking such company listed equity issuer private. MIRAEL has established stewardship practices for its fund vehicles and regularly communicates with its investors.
The Firm is generally supportive of the objectives that underlie the SRD II. However, the Firm does not consider it appropriate to adopt a shareholder engagement policy as described by SRD II. Furthermore, the Firm has determined that, given the above strategy, it would be impractical for the Firm to have active engagement with company management or participate in the proxy voting process. In addition, the Firm believes that the operational cost and time involved in such activities would outweigh any potential benefit to the trading strategies deployed by the Firm on behalf of its clients.
Under Rule 2.2.3R of the Financial Conduct Authority’s Conduct of Business Sourcebook, Macquarie Infrastructure and Real Assets (Europe) Limited (“MIRAEL”) is required to make accessible a disclosure of the nature of its commitment to the UK Financial Reporting Council’s Stewardship Code (the “Code”) or, where it does not commit to the Code, its alternative investment strategy. Stewardship is the responsible allocation, management and oversight of capital to create long-term value for clients and beneficiaries leading to sustainable benefits for the economy, the environment and society. The Code is a voluntary code and comprises a set of 12 ‘apply and explain’ principles relating to engagement and stewardship in respect of a number of different asset classes, including listed equity, fixed income, bonds, real estate and infrastructure.
MIRAEL, as part of Macquarie Asset Management, is a signatory to the Code. Following a successful application for the 12 months to 31 December 2021, MAM has applied to the UK Financial Reporting Council to remain a signatory to the Code for the 12 months to 31 December 2022 and is awaiting the results of its application. Our latest Stewardship Report is available here to download.
Macquarie Investment Management Europe Limited (“MIMEL”) is incorporated and registered as a private limited company in England and Wales (Company No. 09612439, Firm Reference No. 733534). The registered office for MIMEL is Ropemaker Place, 28 Ropemaker Street, London, EC2Y 9HD.
MIMEL is authorised and regulated by the Financial Conduct Authority (FCA Firm No. 733534).
Under Rule 2.2.3R of the Financial Conduct Authority’s Conduct of Business Sourcebook, Macquarie Investment Management Europe Limited (“MIMEL”) is required to make accessible a disclosure of the nature of its commitment to the UK Financial Reporting Council’s Stewardship Code (the “Code”) or, where it does not commit to the Code, its alternative investment strategy. Stewardship is the responsible allocation, management and oversight of capital to create long-term value for clients and beneficiaries leading to sustainable benefits for the economy, the environment and society. The Code is a voluntary code and comprises a set of 12 ‘apply and explain’ principles relating to engagement and stewardship in respect of a number of different asset classes, including listed equity, fixed income, bonds, real estate and infrastructure.
MIMEL, as part of Macquarie Asset Management, is a signatory to the Code. Following a successful application for the 12 months to 31 December 2021, MAM has applied to the UK Financial Reporting Council to remain a signatory to the Code for the 12 months to 31 December 2022 and is awaiting the results of its application. Our latest Stewardship Report is available here to download.
Under Rule 2.2B.5R of the Conduct of Business Sourcebook in the FCA Rules, Macquarie Investment Management Europe Limited ("MIMEL"), when investing on behalf of investors in shares traded on a regulated market, is required either to develop and publicly disclose an engagement policy as described in the revised Shareholder Rights Directive (the “SRD II”) or publicly disclose a clear and reasoned explanation of why it has chosen not to develop and adopt a shareholder engagement policy. In relation to its equity investment strategies, MIMEL is an asset manager for the purposes of the SRD and its engagement policy is available here.
Macquarie Investment Management Europe S.A. (MIME S.A) is incorporated and registered in the Grand Duchy of Luxembourg (Register of Trade and Companies number B62793, Firm Reference No. P00000118). The registered office of MIME S.A. is 10A, Boulevard Joseph II, L-1840 Luxembourg.
MIME S.A. is authorised and regulated by the Commission de Surveillance du Secteur Financier.
Article 3(g) of Directive 2007/36/EC as amended by Directive (EU) 2017/828 (together with the relevant national implementing regulations, the “SRD”) requires asset managers to adopt on a “comply or explain” basis an engagement policy describing how an asset manager integrates its investment strategy relating to shareholder engagement in companies that are listed on regulated markets. In relation to its equity investment strategies, MIME S.A. is an asset manager for the purposes of the SRD and its Engagement Policy is available here.
Denmark: Macquarie Investment Management Europe S.A. Denmark Branch, filial of Macquarie Investment Management Europe S.A., Luxembourg (MIMESA Denmark Branch) is registered with the central business register in Copenhagen (CVR) under company number 41107480 having its registered office at Sankt Annæ Plads 13, DK-1250 Copenhagen K, Denmark. MIMESA Denmark Branch is regulated by the Danish Financial Supervisory Authority (DFSA).
Macquarie Asset Management Europe S.a r.l. (MAMES) is registered in Luxembourg (Company number B233.546). The registered office for MAMES is 20, Boulevard Royal, L-2449 Luxembourg.
MAMES is authorised and regulated by the Commission de Surveillance du Secteur Financier (CSSF number A00002436).
Germany: Macquarie Asset Management Europe S.a r.l., Niederlassung Deutschland (MAMES Germany Branch) is registered with the local court (Amtsgericht) in Munich under company number HRB 265605 having its registered office at Gollierstraße 4, 80339, Munich, Germany. MAMES Germany Branch is regulated by Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin).
Italy: Macquarie Asset Management Europe S.a r.l., Italy Branch (MAMES Italy Branch) is registered with the chamber of commerce in Milan under company number MI-2608249 having its registered office at Floor 4, Via Gaetano Negri 4, 20123 Milan, Italy. MAMES Italy Branch is regulated by Commissione Nazionale per le Società e la Borsa (CONSOB).
Netherlands: Macquarie Asset Management Europe S.à r.l., Netherlands Branch (MAMES Netherlands Branch) is regulated by the Netherlands Authority for the Financial Markets (Autoriteit Financiële Markten or “AFM”) for conduct of business rules. The registered office of MAMES Netherlands Branch is c/o Vistra (Netherlands) B.V., Jupiter Building, 2nd floor, Herikerbergweg 88, 1101 CM Amsterdam, the Netherlands which is managed and supported by Vistra (Netherlands) B.V. (“Vistra”), a trust office (trustkantoor) licensed in according with Article 6(1) of the Dutch Act on the Supervision of Trust Offices 2018 (Wet toezicht trustkantoren 2018, “WTT”) and supervised by the Dutch Central Bank (De Nederlandsche Bank, “DNB”).
Spain: Macquarie Asset Management Europe S.a r.l., Sucursal en España (MAMES Spain Branch) with tax ID number W0255561C having its registered office at Calle Serrano 21, 28001 Madrid, Spain. MAMES Spain Branch is regulated by Spain’s national securities commission (CNMC).
Under the Law of August 1, 2019 amending the amended law of May 24, 2011 on the exercise of certain rights of shareholders at general meetings of listed companies for the purposes of transposing Directive (EU) 2017/828 of the European Parliament and of the Council of May 17, 2017 amending Directive 2007/36/EC with a view to promoting long-term shareholder engagement. Macquarie Asset Management Europe S.a.r.l. (the "Firm" or “MAMES”) investing on behalf of investors in shares traded on a regulated market, is required either to develop and publicly disclose an engagement policy as described in the revised Shareholder Rights Directive (the “SRD II”) or publicly disclose a clear and reasoned explanation of why it has chosen not to develop and adopt a shareholder engagement policy.
The Firm is an investment manager which manages a number of wholesale investment fund vehicles established to pursue investment opportunities predominantly in the infrastructure sector in Europe. The majority of these fund vehicles target assets with core infrastructure characteristics including providing essential services to the community with sustainable and predictable cashflows over the long term with relatively limited exposure to the economic cycle. In all such fund vehicles, the Firm seeks to make investments in portfolio companies where the fund vehicle has with sufficient influence over the key strategic, commercial and financial decisions of each portfolio company for so that the Firm to be is able to utilise its expertise and capability to contribute to the success of the investment. As such, the Firm rarely invests in listed equity securities, and if it does, this is typically with the objective of taking such company listed equity issuer private. MAMES has established stewardship practices for its fund vehicles and regularly communicates with its investors.
The Firm is generally supportive of the objectives that underlie the SRD II. However, the Firm does not consider it appropriate to adopt a shareholder engagement policy as described by SRD II. Furthermore, the Firm has determined that, given the above strategy, it would be impractical for the Firm to have active engagement with company management or participate in the proxy voting process. In addition, the Firm believes that the operational cost and time involved in such activities would outweigh any potential benefit to the trading strategies deployed by the Firm on behalf of its clients.
Macquarie Insurance Facility Luxembourg S.à r.l. (MIFLS) is registered in Luxembourg (Trade register number B231.864). The registered office is 20 Boulevard Royal L-2449 Luxembourg.
MIFLS is authorised and regulated by the Commissariat Aux Assurances (CAA firm number 2019CM007).
Macquarie Investment Management Austria Kapitalanlage AG (registered with the commercial register of the commercial court Vienna under FN 171881t, with the data protection authority under DVR 0976121 and with the finance administration under ATU 45295808) is regulated by the Austrian Financial Market Authority (FMA) in the conduct of business in the European Economic Area (EEA).
Article 3(g) of Directive 2007/36/EC as amended by Directive (EU) 2017/828 (together with the relevant national implementing regulations, the “SRD”) requires asset managers to adopt on a “comply or explain” basis an engagement policy describing how an asset manager integrates its investment strategy relating to shareholder engagement in companies that are listed on regulated markets. In relation to its equity investment strategies, MIMAK is an asset manager for the purposes of the SRD.
MIF Holdings Limited is an appointed representative of Davies MGA Services Limited (FCA Reference number: 597301) and Davies Broking Services Limited (FCA Reference number: 486865) for general insurance intermediary business, both companies are authorised and regulated by the Financial Conduct Authority to carry on insurance mediation activities.
MIF Holdings GmbH (MIF Germany) is licensed as an insurance agent pursuant to section 34d para. 1 German Industrial Code (Versicherungsvertreter gem. § 34d Abs. 1 Satz 2 Nr. 1 GewO) issued by the Chamber of Commerce and Industry, Frankfurt am Main, and registered in the intermediary register (under register number: D-Q0FO-1A1VZ-04).
MIF Germany is registered with the local court of Frankfurt am Main under HRB 121454 and has its registered office at OpernTurm, Bockenheimer Landstraße 2-4, 60306 Frankfurt am Main. Managing directors of MIF Germany are Nick Wilski, Cord von Lewinski and Thomas Metzger.
UK Climate Investments LLP is a joint venture between the secretary of state for Business, Energy and Industrial Strategy and UK Green Investment Climate International Limited and is a limited liability partnership majority owned by the UK Government registered number OC399662. UK Climate Investments LLP registered office is at Ropemaker Place, 28 Ropemaker Street, London, EC2Y 9HD. UK Climate Investments LLP is not authorised or regulated by the Financial Conduct Authority or the Prudential Regulation Authority.
UK Green Investment Climate International Limited is a private limited company registered in England and Wales, with registered number 09568027 and its registered office is at Ropemaker Place, 28 Ropemaker Street, London, EC2Y 9HD and it is part of the Macquarie Group. UK Green Investment Climate International Limited is not authorised or regulated by the Financial Conduct Authority or the Prudential Regulation Authority.
Green Investment Group Limited is a private limited company registered in Scotland, registered number SC574147, and its registered office is at Atria One, 144 Morrison Street, Edinburgh EH3 8EX. It is part of the Macquarie Group and is not authorised or regulated by the Financial Conduct Authority or the Prudential Regulation Authority.
Manova Partners GmbH (Manova Partners) is incorporated and registered with the local court (Amtsgericht) in Munich, Germany under company no. HRB 134 934. The registered office for Manova Partners is Gollierstraße 4, 80339 Munich, Germany. Managing Directors: Helmut Gierstorfer, Alexander Kratzel, Florian Winkle.
GLL Real Estate Partners Kapitalverwaltungsgesellschaft mbH (“GLL KVG”) is incorporated and registered with the local court (Amtsgericht) in Munich, Germany under company no. HRB 206 240. The registered office for GLL KVG is Gollierstraße 4, 80339 Munich, Germany. Managing Directors: Mara Grünwald, Martin Müller, and Jochen Schnier.
GLL Real Estate Partners Kapitalverwaltungsgesellschaft mbH is authorised and regulated by Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin).
