Macquarie Group Limited acts as a non-operating holding company (NOHC). The Company operates in eight segments: Macquarie Funds Group, Corporate and Asset Finance, Banking and Financial Services Group, Macquarie Securities Group, Macquarie Capital, Fixed Income, Currencies and Commodities, Real Estate Banking Division and Corporate. The Company is a financial services provider of banking, financial, advisory, investment and funds management services. On October 24, 2011, a subsidiary of the Company acquired Utility Metering Services Limited. In May 2011, it acquired REGAL Capital Advisors, LLC. In August 2011, Macquarie ceased to be substantial holder in JB Hi-Fi Limited. On September 29, 2011, it ceased to be a substantial holder in Aurora Oil & Gas Limited. As of April 20, 2012, the Company and its controlled bodies corporate ceased to be a substantial holder in NRW Holdings Limited. As of April 12, 2012, the Company ceased to be a substantial holder in Industrea Limited.