Companies/Australia • Curated by Admin Timeline.sg
Corporate timeline of Macquarie Group, an Australian diversified financial services company, from its founding as Hill Samuel Australia in 1969 to its evolution into a global investment bank with major infrastructure and asset management operations.
Chronological Storyline (36 Milestones)
1969 CE
Hill Samuel Australia Established
Macquarie's predecessor, Hill Samuel Australia, is established as a subsidiary of UK merchant bank Hill Samuel. #finance #history
Hill Samuel Australia Established By Plumbago Capensis - File:1_Elizabeth_Sydney_foto_1.jpg, CC0, https://commons.wikimedia.org/w/index.php?curid=146271775
1971 CE
First Underwriting and Advisory Mandates
Hill Samuel Australia wins its first underwriting and advisory mandates, laying the foundation for its investment banking services. #finance #history
1985 CE
Macquarie Bank Formed via Management Buyout
A management buyout led by David Clarke and Mark Johnson acquires Hill Samuel Australia, renaming it Macquarie Bank. #finance #history
1987 CE
Awarded Australian Banking License
Macquarie Bank receives a full banking license from the Australian government, enabling it to offer a wider range of financial services. #banking #finance
1989 CE
Launch of Macquarie Infrastructure Funds
Macquarie pioneers infrastructure fund management, creating a new asset class that becomes a core business. #infrastructure #finance
1990 CE
Macquarie Bank Listed on ASX
Macquarie Bank lists on the Australian Securities Exchange (ASX), raising capital for expansion. #stockmarket #finance
1994 CE
Acquisition of Chase AMP Bank's Assets
Macquarie acquires selected assets from Chase AMP Bank, boosting its retail banking and wealth management capabilities. #acquisition #finance
1995 CE
Macquarie Infrastructure Group Established
Macquarie establishes Macquarie Infrastructure Group (MIG), a dedicated vehicle for infrastructure investments. #infrastructure #finance
1996 CE
Macquarie Bank Becomes Publicly Traded Company
Macquarie Bank converts from a privately held entity to a publicly traded company on the ASX. #stockmarket #finance
1998 CE
Launch of First Infrastructure Fund
Macquarie launches the first publicly listed infrastructure fund, Macquarie Infrastructure Trust, opening the asset class to retail investors. #infrastructure #investing
1999 CE
Acquisition of County Securities
Macquarie acquires County Securities, expanding its corporate advisory and equities capabilities. #acquisition #finance
2000 CE
Expansion into Asia and Europe
Macquarie establishes offices in Hong Kong, Singapore, and London, marking its international expansion. #globalexpansion #finance
2001 CE
Investment in Sydney Airport
Macquarie leads a consortium to acquire a 49% stake in Sydney Airport, a landmark infrastructure investment. #infrastructure #investment
2002 CE
Macquarie Bank Buys County NatWest's Australian Business
Macquarie acquires the Australian operations of County NatWest, strengthening its equities and corporate finance division. #acquisition #finance
2003 CE
Launch of Macquarie Capital Alliance Group
Macquarie Capital Alliance Group (MCAG) is launched as a listed investment vehicle for direct infrastructure and private equity investments. #investing #finance
2004 CE
Acquisition of Gandel Retail Trust Management
Macquarie acquires the management of Gandel Retail Trust, becoming Australia's largest listed property trust manager. #property #acquisition
2005 CE
Expansion into United States
Macquarie enters the U.S. market, acquiring toll road assets and establishing a presence in infrastructure and energy. #globalexpansion #infrastructure
2006 CE
Acquisition of British Energy's Retail Business
Macquarie acquires the retail supply business of British Energy, entering the UK energy market. #energy #acquisition
2007 CE
Macquarie Group Structure Introduced
Macquarie Bank restructures to become Macquarie Group Limited, separating banking and non-banking operations under a holding company. #corporate #restructuring
2008 CE
Global Financial Crisis Impact
Macquarie's share price drops sharply during the GFC, but the company avoids a bailout, relying on capital raising and asset sales. #financialcrisis #finance
2009 CE
Acquisition of Delaware Investments
Macquarie acquires Delaware Investments, a U.S. asset manager, expanding its funds management business. #acquisition #assetmanagement
2010 CE
Launch of Macquarie Infrastructure and Real Assets (MIRA)
Macquarie Infrastructure and Real Assets (MIRA) is formed as the global asset management arm for infrastructure and real estate. #infrastructure #assetmanagement
2011 CE
Nick Moore Appointed CEO
Nicholas Moore becomes Chief Executive Officer, overseeing a period of strong growth and international expansion. #leadership #executive
2012 CE
Sale of Macquarie Airports Stake
Macquarie sells its remaining stake in Macquarie Airports (now Sydney Airport), generating significant returns. #divestment #infrastructure
2013 CE
Acquisition of Orion Energy
Macquarie acquires Orion Energy, a Canadian energy services company, strengthening its energy commodities business. #energy #acquisition
2014 CE
Expansion in Asia: China and India
Macquarie expands operations in China, obtaining licenses for onshore corporate banking and establishing a joint venture in India. #asia #expansion
2015 CE
Macquarie Acquires UK's Green Investment Bank
Macquarie acquires the UK Green Investment Bank, becoming a major player in renewable energy finance. #renewableenergy #acquisition
2016 CE
Sale of Macquarie's UK Coal-Fired Plants
Macquarie sells its UK coal-fired power stations, aligning with global shifts toward clean energy. #energy #divestment
2017 CE
Macquarie Acquires National Australia Bank's Life Insurance Business
Macquarie purchases NAB's life insurance arm, MLC, becoming a top-3 life insurer in Australia. #insurance #acquisition
2018 CE
Launch of Macquarie Asset Management Division
Macquarie reorganizes its asset management businesses into a single division, Macquarie Asset Management (MAM). #assetmanagement #corporate
2019 CE
Appointment of Shemara Wikramanayake as CEO
Shemara Wikramanayake becomes the first female CEO of Macquarie Group, succeeding Nick Moore. #leadership #diversity
2020 CE
COVID-19 Pandemic Response and Resilience
Macquarie navigates the COVID-19 pandemic with strong capital positions, supporting clients and communities while maintaining operations. #pandemic #resilience
2021 CE
Record Full-Year Profit
Macquarie reports a record net profit of A$3.02 billion for the 2021 financial year, driven by strong trading and asset management performances. #finance #record
2022 CE
Acquisition of Waddell & Reed's Asset Management Business
Macquarie completes the acquisition of Waddell & Reed's asset management business, expanding its U.S. fund management capabilities. #acquisition #assetmanagement
2023 CE
Launch of Macquarie Green Energy Platform
Macquarie launches a dedicated green energy investment platform to support global renewable energy and decarbonization projects. #renewableenergy #sustainability
2024 CE
Continued Expansion in Asia-Pacific Infrastructure
Macquarie invests in major infrastructure projects across Asia-Pacific, including digital infrastructure and transport. #infrastructure #expansion