New York, 19 May 2011
Macquarie Group (“Macquarie”) (ASX: MQG; ADR: MQBKY) today announced completion of the acquisition of REGAL Capital Advisors, LLC (“REGAL”). The business and employees of REGAL have joined Macquarie’s Los Angeles office, and have combined with Macquarie’s existing industry coverage groups.
The integrated team further strengthens Macquarie’s advisory and capital markets franchise in North America. In addition, the acquisition expands Macquarie’s West Coast presence, enhances Macquarie’s global expertise in gaming and adds specialist capabilities in the lodging and leisure industries.
Macquarie Capital provides advisory and capital raising services to corporate, financial sponsor and government clients involved in mergers and acquisitions, debt and equity fund raising, corporate restructuring, project finance and public private partnerships. Macquarie Capital continues to expand its client offering in the US, with extensive specialist sector expertise through targeted acquisitions and key hires, while building a comprehensive advisory and capital markets platform.