Key Takeaways
- • Macquarie Asset Management reported a six per cent rise in credit and insurance AUM to A$248.3bn (£126.8bn) for the half-year to 30 September 2026, up from 31 March 2026.
- • The acquisition of Spire Management expanded Macquarie's global collateralised loan obligation capabilities and added A$8.4bn to its liquid credit AUM.
- • Total firm AUM rose three per cent from March to A$742.9bn, with A$15.3bn of capital raised across real assets, real estate, private credit and secondaries.
- • Fee-paying AUM rose six per cent to A$530bn, with real assets, real estate and private credit accounting for A$196.4bn of that total.
- • The firm deployed A$17.6bn across 11 new investments and established Theseus Infrastructure with Anthropic and GIC to develop AI data centre infrastructure.
Summary
The acquisition of Spire Management was a key driver of that expansion. According to the results, the deal broadened Macquarie's collateralised loan obligation capabilities globally and added A$8.4bn to liquid credit AUM.
Across the business, total AUM rose three per cent from March to A$742.9bn. The firm raised A$15.3bn of capital across its strategies, including real assets, real estate, private credit and secondaries. Fee-paying AUM grew six per cent on 31 March to A$530bn, driven primarily by capital raising, positive net flows and valuation changes, partly offset by capital returned to investors. Real assets, real estate and private credit accounted for A$196.4bn of fee-paying AUM.
During the half, Macquarie deployed A$17.6bn across 11 new investments. It also established Theseus Infrastructure alongside Anthropic and GIC to develop AI data centre infrastructure, extending the firm's presence in digital infrastructure.
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