ValueInvest has approximately €4bn (£3.56bn, $4.9bn) in assets under management, as of 31 December 2017.
Founded in 1998, it brings a team of 17 professionals to Macquarie and will continue to be led by Jesper Alsing, chief executive officer, and Jens Hansen, chief investment officer.
It pursues a value-oriented investment strategy across global and Japanese equities.
ValueInvest will join Macquarie’s multi-boutique equity structure led by John Leonard, global head of equities for Macquarie Investment Management.
The deal is expected to close mid-2018.
Macquarie Investment Management is a division of Macquarie Asset Management, a global asset manager with €314.4bn in AUM as at 31 December 2017.
The Australia-headquartered group has an existing presence in Luxembourg and stated that the acquisition of ValueInvest “reflects the business’s continued commitment to the country, in addition to its strategy to expand its global equities capabilities and distribution reach across Europe”.
Ben Bruck, global head of Macquarie Investment Management, said: “Part of our strategy is to selectively expand and strengthen our global capabilities by adding the best investment talent to the business.
“ValueInvest will be an excellent complement to our existing high-conviction equity strategies, and we believe Macquarie’s multi-boutique equity structure and global investment platform will provide a natural fit for the ValueInvest team.”