MEXICO CITY--(BUSINESS WIRE)--Macquarie Group Foundation, the philanthropic arm of Macquarie Group, today announced US$290,000 in donations have been raised to date by individual staff members and Macquarie businesses to support disaster relief and rebuilding efforts in Mexico following the two destructive earthquakes experienced in Mexico during September. The donations will be directed to organizations providing assistance to people and infrastructure impacted by the earthquakes.
In addition to the financial support for relief efforts, Macquarie employees based in the Mexico City office are actively engaged with local groups to assist with relief and rebuilding efforts. Macquarie manages FIBRA Macquarie (BMV: FIBRAMQ) and Macquarie Mexican Infrastructure Fund (MMIF) in Mexico.
"Mexico’s two recent earthquakes were devastating to the country, as well as to our local communities,” said Ernesto González Garfias, Chief Executive Officer of MMIF. “The response from our staff, many of whom jumped into action as soon as the earthquakes hit, has been extraordinary. We recognize, however, that there is a long-term need to rebuild and sustain communities across Mexico.”
“We are proud that our staff, businesses and the Macquarie Group Foundation are working together to make a meaningful difference in the wake of this tragedy,” said Erin Shakespeare, regional head of the Macquarie Group Foundation. “We expect to be involved in supporting volunteer efforts on the ground for some time.”
About Macquarie Group
Macquarie is a global provider of banking, financial, advisory, investment and funds management services. Macquarie’s main business focus is making returns by providing a diversified range of services to clients. Macquarie acts on behalf of institutional, corporate and retail clients and counterparties around the world. Founded in 1969, Macquarie operates in more than 70 office locations in 28 countries. Macquarie employs approximately 13,597 people and has assets under management of more than $367 billion (as of March 31, 2017).
About Macquarie Group Foundation
Macquarie Group Foundation supports community organizations through financial support, volunteering and skills sharing, predominantly in the communities in which Macquarie employees live and work. In the year to 31 March 2017, Macquarie Group Foundation, together with Macquarie Group staff efforts, contributed approximately $A30 million and 50,000 volunteer and pro bono hours to over 1,500 community organizations around the world. Since the Foundation was established in 1985, it and Macquarie staff have contributed close to $A300 million globally.