New York, 18 November 2010
Macquarie Group (“Macquarie”) (ASX: MQG; ADR: MQBKY) today announced that has completed the acquisition of 100% of the membership interests in Presidio Partners LLC (“Presidio”). The business and employees of Presidio are now integrated into Macquarie, operating as part of the Real Estate Private Capital Markets team within Macquarie Capital.
The acquisition creates a leading global private real estate capital markets business in combination with Macquarie’s preeminent and complementary Asia Pacific platform.
Macquarie Capital comprises Macquarie Group’s corporate advisory, public and private capital markets businesses. Macquarie Capital’s Real Estate Team, led by Chris Green, consists of over 80 professionals providing global coverage and on-the-ground expertise and execution of real estate related transactions to clients in Europe, North America, the Middle East, Asia and Australia.