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Showing 1721 - 1730 of 3466 results for "Stake"

Hostplus VC assets to hit $1bn

KARREN VERGARA  |  MONDAY, 10 SEP 2018
... from the Federal Government and private sector investors, which includes Hostplus. Brandon Capital, which Hostplus has a stake in, received $125 million from the Biomedical Translation Fund and a further $125 million of taxpayer money. So far Brandon ...

Evans Dixon buys Fort Street Advisers

KANIKA SOOD  |  MONDAY, 10 SEP 2018
... it with its capital markets business to create a corporate and institutional business. Evans Dixon will also ramp up its stake in the $730 million Fort Street Real Estate Capital (FSREC) business and the Fort Street Street Real Estate Services (FSRES) ...

Pinnacle expands distribution team

KANIKA SOOD  |  MONDAY, 10 SEP 2018
... years of focusing on instos. In July, Pinnacle splashed $50 million on acquisitions, paying $4 million for a 40% equity stake in Omega Global Investors. It also agreed to pay $46 million for a 35% interest in Metrics Credit Partners. In May, former Macquarie ...

Women missing from C-suite lineups

KANIKA SOOD  |  THURSDAY, 6 SEP 2018
Women take up less than one in five positions in the C-suites of financial services companies, even though they account for more than half of the entry-level workforce. According to new research from McKinsey & Co, women are also 24% less likely than ...

Integrity Life expands senior team

KARREN VERGARA  |  TUESDAY, 4 SEP 2018
... aligns with my values and my aspirations for the industry." In June 2018, Japanese life insurer Daido Life acquired a 14.9% stake in Integrity Life. Integrity Life launched in early 2018 offering group risk products after raising $165 million of capital ...

AustralianSuper secures WestConnex stake

KARREN VERGARA  |  FRIDAY, 31 AUG 2018
... WestConnex - and future infrastructure across the state, the NSW Government said. The NSW Government will retain a 49% residual stake and distributions will be directed into the NSW Generations Fund as announced in the 2018-19 Budget. AustralianSuper ...

FSC responds to direct life insurance findings

KARREN VERGARA  |  FRIDAY, 31 AUG 2018
The Financial Services Council said it is "disappointed" ASIC's review into direct insurance has uncovered continuing practices of some life insurers that led to poor consumers outcomes. In response to the report ASIC handed down yesterday, the FSC ...

WAM Capital announces LIC takeover bid

KARREN VERGARA  |  FRIDAY, 31 AUG 2018
... Capital said. If the bid is successful, WAM Capital shareholders will benefit from realising all or part of WAM's 16.27% stake in WDE. In response, the WDE board said it will consider the offer in due course and will make a formal recommendation ...

Nikko launches global disruption fund

HARRISON WORLEY  |  FRIDAY, 31 AUG 2018
... illiquidity typically associated with similar investments accessed through venture capital funds." Nikko acquired an equity stake in ARK in August 2017, a move designed to enhance its disruptive innovation focused investment solutions. Nikko Asset Management's ...

Blue Sky offloads six funds

KARREN VERGARA  |  FRIDAY, 24 AUG 2018
Beleaguered Blue Sky Alternative Investments will sell its retirement living funds and its 50% stake in Aura Holdings, the operator of the retirement living business. Blue Sky today announced it signed a binding agreement with an offshore institutional ...