Macquarie Capital is not your typical investment bank. Since its inception, the arm of Australian merchant bank Macquarie Group has been seeking to build expertise in select areas – with regards to both the products it provides and the regions it is active in – to offer the best possible service to its clients rather than trying to be what Daniel Wong, the head of Macquarie Capital Europe (excluding Germany, Austria and Switzerland), describes as “everything to everyone”.
Established in late 1969, Macquarie started operating under the name Hill Samuel Australia before becoming Macquarie in 1985, the year it obtained its Australian banking licence. For the past two decades the bank has had a particularly strong focus on infrastructure projects, stemming from a deal in 1994 when it underwrote and placed the publicly listed equity for the Hills Motorway in Sydney – a deal that was to shape the bank’s business for years to come.