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Showing 1501 - 1510 of 18349 results for "Work"

Cbus divests renewable asset

ELIZA BAVIN  |  THURSDAY, 6 FEB 2025
... are committed to continue driving the energy transition across Australia. Our new Western Australian assets position us to work alongside Synergy in supporting the state's energy transition and decarbonisation ambitions." CVC DIF head of divestments ...

Cbus recruits lead for new core equities portfolio

ELIZABETH FRY  |  THURSDAY, 6 FEB 2025
Cbus has appointed an executive to manage a new portfolio of active large-cap Australian stocks as the fund steps up its push to bring more of its assets in-house. The $100 billion industry fund has appointed Cooper Investments veteran Ryan Riedler ...

Nest to acquire 10% stake in IFM Investors

ELIZA BAVIN, MATT TOLEDO  |  WEDNESDAY, 5 FEB 2025
The UK National Employment Savings Trust (Nest) will take a 10% stake in Industry Super Holdings, the parent company of IFM Investors. Nest said it would primarily invest in IFM's alternate asset investments. An IFM spokesperson told Financial Standard ...

Future Fund reaches value of $237.9bn

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2025
... "This was after accounting for $790 million in payments to support various policy initiatives including medical research, the work of the Indigenous Land and Sea Corporation and drought and disaster resilience." Arndt said it was a strong result which ...

Trump orders creation of US sovereign wealth fund

ANDREW MCKEAN  |  TUESDAY, 4 FEB 2025
... the next year, the US will monetise the asset side of its balance sheet for the American people, putting those assets to work. "We're going to study best practices from around the world," he said. He added the sovereign wealth fund will be composed of ...

Australian Wealth Advisors Group invests big in Sequoia

KARREN VERGARA  |  TUESDAY, 4 FEB 2025
The Australian Wealth Advisors Group (AWAG) has become a major shareholder in Sequoia Financial Group. AWAG, which is also ASX-listed, has an 18.02% stake in Sequoia across more than 22.37 million securities. According to the 2024 annual report, Unrandom ...

LGT Capital Partners brings $1.6bn PE strategy to Australia

MATTHEW WAI  |  TUESDAY, 4 FEB 2025
... diversified portfolio of secondaries and co-investments focused on buyout opportunities, LGT Capital Partners said. The fund will work alongside LGT Endowment - the firm's evergreen portfolio - to create "strong alignment of interests." The open-end ...

Perennial appoints co-head of private investments

ELIZA BAVIN  |  TUESDAY, 4 FEB 2025
Perennial Partners has appointed Luke Fay as co-head of Perennial Private Investments, as the firm strengthens its private markets capabilities. Fay will commence immediately and be based in Perennial's Melbourne office. Fay joins Perennial from Artesian ...

TenCap hedge fund eyes $3bn AUM

KARREN VERGARA  |  MONDAY, 3 FEB 2025
... that organically growing to $3 billion is achievable. Todd said they aspire to target the retail sector, yet there is still work on their part to educate these potential clients on what a hedge fund is. "And if everyone's worried about volatility ...

Resolution Life completes NZ$410m life business transaction

MATTHEW WAI  |  MONDAY, 3 FEB 2025
Resolution Life's trans-Tasman life insurer, Resolution Life Australasia, has completed the acquisition of Asteron Life New Zealand. The takeover, reported last year by Financial Standard, further cements Resolution Life as the second largest life insurer ...