On October 21, 2021, Macquarie Asset Management announced that it will acquire Central Park Group, LLC.
Under the terms of the transaction, Macquarie Asset Management (“Macquarie”) will acquire Central Park Group, LLC (“Central Park”). The deal is expected to close in early 2022. Terms of the deal were not disclosed.
Macquarie, headquartered in Sydney, Australia, is a global asset manager providing private credit, fixed income, equities, multi-asset solutions, infrastructure, real estate, transportation finance, renewables, and natural assets services to individuals, institutions, governments, and pension funds. As of June 30, 2021, Macquarie had approximately $520 billion in assets under management.
Central Park, based in New York, New York, is an alternate investment firm that offers hedge fund, private equity, and real estate services to high-net-worth and small institutional investors. As of September 1, 2021, Central Park had approximately $15 billion in assets under management.
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