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Showing 1311 - 1320 of 17429 results for "Billion"

Bill Gates to shutter Gates Foundation in 2045

JAMIE WILLIAMSON  |  FRIDAY, 9 MAY 2025
... giving. The exact amount will depend on the markets and inflation, but I expect the foundation will spend more than $200 billion between now and 2045. This figure includes the balance of the endowment and my future contributions," Gates said. "Over the ...

Alvia scoops up majority stake in ice cream cone maker

ANDREW MCKEAN  |  FRIDAY, 9 MAY 2025
... family. According to Alvia, Australia's ice cream market has more than doubled in value since 2012, now exceeding $1.5 billion. The family office also reported a 41% increase in "indulgent products" over the past year. The firm said that the demand ...

ASX outlines opportunities in listed markets amid IPO slump

MATTHEW WAI  |  FRIDAY, 9 MAY 2025
... Over the past year, the number of IPOs has plummeted, decreasing by nearly 100 listings. The exchange also lost over $40 billion from some 78 companies leaving the ASX in the 12 months to December 2024. Responding to the issues raised, the ASX called ...

Industry bodies call for delay to Payday Super

JAMIE WILLIAMSON  |  FRIDAY, 9 MAY 2025
... issue of unpaid super in Australia by increasing the penalties for employer non-compliance; it's estimated some $41.5 billion in super has gone unpaid over the past nine years. Still, the groups have said that if the timeframe is not extended, "a ...

Longview Partners sets up local hub

ELIZABETH FRY  |  THURSDAY, 8 MAY 2025
... firm is focused entirely on managing global equity portfolios. As of 31 March 2025, the equities shop had more than US$15 billion in assets under management.

Aware Super appoints UK private equity lead

ELIZABETH FRY  |  THURSDAY, 8 MAY 2025
... executives to manage its infrastructure, private equity and property portfolios in Europe and the US. Importantly, the $190 billion superannuation fund has recruited Frank Bulman to lead its private equity team in Europe along with two associate portfolio ...

PIMCO recruits alternatives specialist

ELIZABETH FRY  |  THURSDAY, 8 MAY 2025
... years with PIMCO, John Valtwies, a senior vice president of the private client group, left to join Blue Owl, the $250 billion alternative asset manager, as a principal. His colleague, Joe Jin, a fixed-income specialist and senior vice president, departed ...

Super moves: QIC, VFMC, ESSSuper, Aware Super

ELIZABETH FRY  |  THURSDAY, 8 MAY 2025
... designing a stewardship initiative for nature. Last November, CareSuper merged with Spirit Super to form a fund with $53 billion in assets under management.

Australian private capital sector totals $139bn: Report

MATTHEW WAI  |  THURSDAY, 8 MAY 2025
Total Australia-focused assets under management (AUM) remained steady at $139 billion in 2024, with private equity, venture capital (VC), and private credit funds accounting for nearly half at $65 billion, according to the Australian Private Capital ...

Franklin Templeton brings Lexington Partners PE fund down under

MATTHEW WAI  |  THURSDAY, 8 MAY 2025
... Templeton, spanning across North America, Europe, Asia and Latin America. The Franklin Templeton subsidiary recorded US$76 billion ($118bn) in AUM at the end of 2024 and brings over three decades of experience in investing in private equity.