Macquarie Capital deployed $A1.5bn (£772.2m) within the quarter to 31 December 2023 via its non-public credit score portfolio, in accordance with an replace revealed on Tuesday.
The specialist funding arm of Australia-headquartered Macquarie Group accomplished 59 transactions globally over the interval, valued at $A65bn. Its non-public credit score portfolio is now value over $A20bn.
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It stated it expects elevated income in its 2024 monetary 12 months from progress in its non-public credit score portfolio, though this shall be offset by decrease income as a result of timing of asset realisations.
General Macquarie Group stated its nine-month revenue fell “considerably” .
The web revenue contribution of its commodities enterprise, in addition to Macquarie Capital, was considerably down on the earlier 12 months.
Macquarie Group managing director and chief govt Shemara Wikramanayake, stated: “Underlying shopper franchises had been resilient in ongoing unsure circumstances with continued buyer progress, fundraising and new enterprise origination a function throughout all of our companies.”
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