Macquarie Capital Principal Finance to invest $150m in Enterprise Risk Associates.

Macquarie Capital Principal Finance, a financing and principal investing arm of Macquarie Capital, agreed to invest $150m in Enterprise Risk Associates, an insurance brokerage platform specialising in mergers and acquisitions of independent insurance agencies. The financing from Macquarie Capital will provide ERA with significant capital to further build out the business and continue its consolidation strategy across commercially-focused independent agencies.