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Showing 121 - 130 of 196 results for "ELA"

Blue Sky funds Australian wine venture

DARREN SNYDER  |  TUESDAY, 5 APR 2016
Blue Sky Venture Capital has financed the first capital raise for wine website Vinomofo, committing $25 million to support overseas growth for the Australian business. The capital raise coincides with Vinomofo launching its business lite model to six ...

VFMC lands new chief executive

DARREN SNYDER  |  THURSDAY, 21 JAN 2016
Victorian Funds Management Corporation (VFMC) will be led by a new chief executive officer from February after announcing its replacement for acting chief executive Justin Pascoe. Joining VFMC as its top executive will be Lisa Gray, who previously spent ...

Blue Sky to raise $200m for new VC fund

MARK SMITH  |  WEDNESDAY, 9 DEC 2015
Blue Sky Venture Capital is launching a new $200 million venture capital (VC) fund targeted at institutional investors to invest in later-stage deals in Australia and overseas. VC fundraising in Australia increased to $368 million last financial year ...

Blue Sky scratches head lice from portfolio

LAURA MILLAN  |  TUESDAY, 22 SEP 2015
Blue Sky Venture Capital has exited a head lice treatment company after it entered into a $278 million commercial agreement with Indian-based Dr. Reddy's Laboratories. Blue Sky invested in Hatchtech in 2013 as part of a $12 million syndicate of Australian ...

VFMC appoints former AustralianSuper chair

DARREN SNYDER  |  FRIDAY, 14 AUG 2015
A former chair of AustralianSuper has been appointed to the board of Victorian Funds Management Corporation (VFMC). Joining the VFMC board is Elana Rubin, who has extensive directorship experience in funds management, property and infrastructure. Rubin ...

Market to open higher

AAP  |  THURSDAY, 30 JUL 2015
The Australian share market is set to open higher after another positive session on Wall Street. The Dow Jones Industrial Average rose 0.7 per cent after the US Federal Reserve kept its benchmark interest rate at near-zero per cent and gave no fresh ...

Euro - another experiment doomed to fail?

BENJAMIN ONG  |  MONDAY, 29 JUN 2015
... declare Greece in default. This means Grexit. Thus, the bank holiday, the massive ATM withdrawals, the ECB's limiting of its ELA assistance to Greece that we feared at the start of last week is happening this week... and according to reports, Greek banks ...

Plus ca change

BENJAMIN ONG  |  MONDAY, 22 JUN 2015
... billion) was withdrawn from the Greek banks last week - the ECB's got their backs. It raised its Emergency Liquidity Assistance (ELA) to Greek banks by a,-3.3 billion, also last week, and has reportedly held an emergency conference call to review its ...

Retirement income committee to launch in June

ALEX BURKE  |  FRIDAY, 10 APR 2015
The first Sustainable Retirement Incomes Leadership Forum will take place on June 2, launched by the Committee for Sustainable Retirement Incomes. The CSRI is designed to review the entire retirement income system and will be chaired by former Secretary ...

Zurich chairman retires, replacement named

MARK SMITH  |  TUESDAY, 3 MAR 2015
The chairman of Zurich Financial Services Australia's general insurance, life and investments business, Terry Paradine, is retiring after seven years in the role. Before being appointed chairman, Paradine was a Zurich board member for four years. He ...