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Showing 1041 - 1050 of 7032 results for "Private"

Commonwealth Bank shakes up executive leadership team

ANDREW MCKEAN  |  WEDNESDAY, 2 OCT 2024
... Commonwealth Bank from HSBC UK, where she worked with banking regulators and served business, retail, wealth management, and private banking customers. Bunnell has led HSBC's business across the Channel Islands and Isle of Man and previously served as ...

QIC reports $9bn record earnings

KARREN VERGARA  |  WEDNESDAY, 2 OCT 2024
... inflationary pressures and macroeconomic challenges," QIC chief executive Kylie Rampa said. Rampa highlighted infrastructure, private equity, and private debt as some of the key drivers of performance. "We have also worked to better position our real ...

Hamilton Lane adds SCOPE to product lineup

ELIZA BAVIN  |  WEDNESDAY, 2 OCT 2024
... Hamilton Lane has announced the launch of its Senior Credit Opportunities Fund (SCOPE) in Australia. SCOPE is a senior private credit vehicle targeting floating-rate, senior secured loans and intended for investors seeking potential safety and yield. ...

Fund manager splashes $240m on AZ NGA

KARREN VERGARA  |  TUESDAY, 1 OCT 2024
... chair Massimo Guiati said. Los Angeles-based Oaktree has US$193 billion in funds under management, focusing on credit, private equity, real estate, and listed equity strategies. Brookfield Asset Management has a 64% stake in Oaktree. Oaktree managing ...

Praemium unveils Spectrum for HNWs

MATTHEW WAI  |  TUESDAY, 1 OCT 2024
... Client Classification, and Fee Consent to ensure compliance. The "next-generation Spectrum solution sets a new standard for private wealth management and reinforces the company's commitment to delivering excellence and growing significant market ...

GESB adopts Protecting Your Super reforms

JAMIE WILLIAMSON  |  MONDAY, 30 SEP 2024
... labelling it the GESB One Fund initiative. As it stands, GESB members who leave the public sector or have dual public and private sector employment must open a super account with another fund as the fund cannot accept non-public sector contributions. ...

Citigroup, Apollo partner in private credit push

KARREN VERGARA  |  MONDAY, 30 SEP 2024
Citigroup and Apollo Global Management have partnered to create a US$25 billion private credit, direct lending program. The program, which aims to finance debt opportunities over the next several years for private equity and corporate clients, will ...

Colonial First State hires PE head, farewells sales exec

ELIZABETH FRY  |  FRIDAY, 27 SEP 2024
Colonial First State has hired a local investment director from a global pension fund to run private equity and unlisted assets. At the same time, its head of investment sales has exited. The wealth and superannuation giant confirmed that Chloé Brayne ...

Pitcher Partners executives launch advice firm

KARREN VERGARA  |  FRIDAY, 27 SEP 2024
Three Pitcher Partners executives have set off to launch Viola Private Wealth, an ultra-high-net-worth financial advice firm spearheaded by Charlie Viola. Viola, together with founding partners Sean Ward and Andrew Levi, bought out operational aspects ...

Household wealth rises in June quarter

ELIZA BAVIN  |  FRIDAY, 27 SEP 2024
... traditional sources of funding," Tan said. Total demand for credit was $97.9 billion, driven by households ($57.5 billion) and private non-financial businesses ($36.9 billion). This figure was partly offset by a $2.2 billion drop in demand for credit ...