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Showing 1 - 10 of 44 results for "Bain."

PE deals tumble again, down 63%: Bain & Company

KARREN VERGARA  |  TUESDAY, 26 MAR 2024
The Australian and New Zealand private equity sector took another tumble, sharply falling 63% in value during 2023 as high interest rates and market uncertainty continues to spook investors. This is the second year in a row that saw deal values decline ...

Iress sells mortgages arm to Bain Capital

ANDREW MCKEAN  |  FRIDAY, 15 MAR 2024
Iress will sell its UK mortgages business to Bain Capital for $164.3 million before costs. The financial software firm said the sale is a big step in its ongoing transformation strategy to sell-off non-core assets. The net proceeds from the sale will ...

Income Asset Management buys credit fund

CHLOE WALKER  |  THURSDAY, 25 MAY 2023
Sydney-based Income Asset Management Group (IAM) has acquired River Capital Liquid Credit Fund and credit mandate for $72 million. It also divested its 25% stake in Fortlake Asset Management. The River Capital Liquid Credit Fund is a high conviction ...

APAC investors cut PE allocations by 50%

CASSANDRA BALDINI  |  MONDAY, 24 APR 2023
Private equity and venture capital aggregate transaction value fell by 45% in the region, excluding Japan, in the first quarter. According to S&P Global Market Intelligence the drop from last year's US$14.7 billion to US$8.09 billion in Q1 2023 comes ...

Barrenjoey launches social purpose fund manager

JAMIE WILLIAMSON  |  WEDNESDAY, 7 DEC 2022
Barrenjoey has launched a new social purpose portfolio management company, Community Capital, with a cornerstone investment from Australian Retirement Trust. The Community Capital Credit Fund has been founded by Barrenjoey and Laurence Marshbaum, a ...

Northern Trust appoints APAC head of digital assets

CHLOE WALKER  |  MONDAY, 14 NOV 2022
Alvin Chia has been named as Northern Trust's head of digital assets innovation for Asia Pacific. In the new role, Chia will report to global head of digital assets and financial markets Justin Chapman, as well as collaborating closely with industry ...

Carlyle names local private equity lead

ANDREW MCKEAN  |  TUESDAY, 25 OCT 2022
Carlyle has appointed industry veteran Geoff Hutchinson as managing director and head of private equity in Australia and New Zealand. Hutchinson, who is based in Sydney, will build Carlyle's presence in Australasia and have responsibility for leading ...

Partners Group expands Australian team

CASSANDRA BALDINI  |  WEDNESDAY, 19 OCT 2022
Partners Group made two new appointments amid changes to global executive board member and director Martin Scott's role. Andrew Kateiva has been hired as head of institutional and managing director client solutions, Australia. He will commence in ...

ASX gender targets 65 years away: CEW

ANNABELLE DICKSON  |  WEDNESDAY, 8 SEP 2021
The ASX 300 needs to improve targets on female representation as the current rate of progress will see it take 65 years for women to make up 40% of line roles in executive leadership teams, data from Chief Executive Women (CEW) shows. The 2021 CEW Senior ...

New role for Future Super co-founder

ELIZABETH MCARTHUR  |  THURSDAY, 19 AUG 2021
The former chief executive and co-founder of Future Super has a new role with a green financier. Kirstin Hunter has been appointed chief people, risk and legal officer at Brighte. Brighte is a green financier which last year raised $100 million led ...
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