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Showing 1201 - 1210 of 17436 results for "Billion"

Payton Capital rebrands post-acquisition

MATTHEW WAI  |  WEDNESDAY, 2 JUL 2025
... "With over 13 years of experience in Australian commercial real estate private debt, we have successfully funded over $5.5 billion in projects across the country. "We look forward to continuing our partnership with our clients as HMC Private Credit ...

Major airport lands TelstraSuper as new investor

JAMIE WILLIAMSON  |  WEDNESDAY, 2 JUL 2025
... F. Kennedy International Airport as it undergoes a major redevelopment. JFK Airport is being transformed, with a US$19 billion project currently underway, including US$15 billion of private investment. As part of it, Terminal 6 is being redeveloped to ...

Local assets help deliver 12% for ART

KARREN VERGARA  |  WEDNESDAY, 2 JUL 2025
... for Australian Retirement Trust (ART) in the 2025 financial year, with some options achieving nearly 12% p.a. The $313 billion super fund with 2.43 million members delivered 11.2% p.a. for its Balanced option and 11.9% p.a. for its High Growth option. ...

Metrics managing partner departs

ELIZA BAVIN  |  WEDNESDAY, 2 JUL 2025
... leadership have helped build Metrics into one of Australia's leading private markets asset management firms with more than $30 billion in assets under management." Metrics managing partner and group chief executive Andrew Lockhart said McNamara has always ...

Aware Super flies the coop with sale to KKR

ELIZA BAVIN  |  WEDNESDAY, 2 JUL 2025
... infrastructure including more than 700 poultry sheds across over 60 farms, located in key agricultural regions nationwide. The $190 billion super fund has owned ProTen since 2018 and has overseen significant growth in the business. Aware Super's infrastructure ...

Potential Insignia takeover edges closer

ELIZA BAVIN  |  TUESDAY, 1 JUL 2025
... in February. The most recent offer from CC Capital was $5 cash per Insignia share, valuing the wealth manager at $3.35 billion, and was an increase from the previous offer of $4.60 per share. Bain Capital initially placed a takeover bid to acquire all ...

APRA expects 'no cutting corners' with CPS230

KARREN VERGARA  |  TUESDAY, 1 JUL 2025
... down administration fees made possible by economies of scale. Fourteen funds with assets under management (AUM) over $50 billion have an average cost per member of $217. For 14 funds between $10 billion and $50 billion, it was $375 per member. Excluding ...

Average super balance grows to $172k: ATO

KARREN VERGARA  |  MONDAY, 30 JUN 2025
... breakdown of income tax positions of individuals, companies, trusts, super funds and partnerships shows it collected $577.4 billion in total tax revenue in FY23. Some 4.2% came from super funds or $24 billion, while individuals contributed the highest ...

TA Associates invests in Viridian Financial Group

KARREN VERGARA  |  MONDAY, 30 JUN 2025
... Along with my fellow directors, I have no hesitation in supporting this strategic partnership." Viridian as about $16 billion of funds across Viridian Advisory, Infinity Capital Solutions and Smartmove Lending, providing wealth advice, investment solutions ...

Super funds given reprieve from Trump's 'Big Beautiful Bill'

ELIZA BAVIN  |  FRIDAY, 27 JUN 2025
... investment in the US, which would have been a poor outcome for all involved. "The superannuation sector has around US$450 billion invested in the United States, the single largest market outside of Australia. This is money invested in US infrastructure ...