As the asset management division of Macquarie Group, Macquarie Asset Management (MAM) is a global asset manager with offices throughout the US, Europe, Asia, and Australia. Macquarie Asset Management is a top 50 global asset manager, a top 10 insurance manager, and the world’s largest infrastructure manager.

In the airports sector, MAM is an investor in airports in the United Kingdom, Canada, Colombia, Ecuador and Australia. It had previously invested in airport assets in Belgium, Mexico, Italy and Denmark.

Its current airport portfolio include:

AGS Airports (Aberdeen, Glasgow and Southampton Airports)

These airports were acquired by MAM subsidiary Macquarie European Infrastructure Fund 4 (MEIF4) through a 50:50 consortium with Ferrovial Airports in 2014.

In 2022,  the number of passengers at all three airports reached 9.2mn passengers (3.5mn  in 2021) driven by higher traffic in all three airports resulting from milder restrictions in January 2022 and February 2022, and the complete removal of restrictions in the UK since 18 March 2022.

Revenues from all three airports increased by +92.4% vs 2021, reaching GBP167mn driven mainly by the positive performance in traffic, higher commercial income resulting from improved catering offerings, opening of Bureau de Change, lounges and fast track and strong performance from retail units and surface access.

Farnborough Airport

In October 2019, Macquarie Infrastructure and Real Assets ("MIRA"), via Macquarie European Infrastructure Fund 6 ("MEIF6"), acquired Farnborough Airport from a consortium of private investors.