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Showing 1151 - 1160 of 2671 results for "Purchase"

European hedge fund business sold to Aussie administrator

DARREN SNYDER  |  FRIDAY, 25 NOV 2016
... MainstreamBPO is purchasing the European arm of Alter Domus' hedge fund administration business. It mirrors MainstreamBPO's purchase of Alter Domus' Asia-Pacific hedge fund administration business in 2015. The sale involves a number of long-term client ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 25 NOV 2016
Australia managed funds industry The Australian Bureau of Statistics (ABS) reports that the managed funds industry saw a 2.2% increase in funds under management to A$2,774.5 billion in the September quarter from A$2,715.5 billion in the June quarter. ...

Blackstone acquires US$748m portfolio

KERRIE SYDEE  |  WEDNESDAY, 23 NOV 2016
Blackstone has purchased a portfolio of 16 US multifamily apartment assets for US$748 million. Purchased from SPIRE CAPITAL, the sale is part of SPIRE's progressive exit of the underlying US ROC II fund managed by SPIRE's US private equity real estate ...

Australian private equity driving M&A

JAMIE WILLIAMSON  |  THURSDAY, 17 NOV 2016
... sales to Chinese firms. The technology sector also saw a surge in private equity interest, with Affinity Equity Partners' purchase of the MedicalDirector software business from Primary Health Care amounting to $155 million and healthy investment from ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 15 NOV 2016
Japan GDP Preliminary estimates of Japan's third quarter economy provided a positive surprise. Japanese real GDP growth accelerated to a quarterly rate of 0.5% in the three months to September from 0.2% in the June quarter and more than double market ...

Challis Capital wins property mandate

KERRIE SYDEE  |  THURSDAY, 10 NOV 2016
Corporate adviser and lender Challis Capital Partners has won its largest investment mandate since it was established two years ago. A private consortium of Asian investors has awarded the real estate division of Challis Capital Partners a $100 million ...

Foreign instos keen on Aussie real estate

DARREN SNYDER  |  WEDNESDAY, 9 NOV 2016
Foreign institutional investment in Australian real estate is down more than 7% in the 12 months to October 2016 when compared to same period in 2015. In the past year 324 cross-border property transactions were recorded in Australia with a value of ...

Grant Samuel sells 80pct stake in GSFM

DARREN SNYDER  |  FRIDAY, 4 NOV 2016
Canadian wealth management firm CI Financial has purchased an 80% stake in Grant Samuel Funds Management. The deal is expected to close later this month with CI acquiring the stake previously held by the corporate advisory firm Grant Samuel, which established ...

AZ NGA snaps up eighteenth firm

KERRIE SYDEE  |  FRIDAY, 4 NOV 2016
... plans to establish a 'Next-Generation Eco-system.' AZ Next Generation Advisory (AZ NGA) has signed a binding sale and purchase agreement to acquire On-Track Financial Solutions. The agreement includes a share swap of 49% of On-Track's equity for AZ NGA ...

CBA partners to capitalise on Chinese tourism

JAMIE WILLIAMSON  |  TUESDAY, 1 NOV 2016
The Commonwealth Bank of Australia has teamed up with a leading mobile and online payment platform to provide payment solutions to Australian and Chinese consumers and retailers. CBA has signed a memorandum of understanding with Alipay, operated by ...