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Showing 161 - 170 of 1872 results for "lending"

The Aussie wealthtech firms that are 'most innovative'

ANDREW MCKEAN  |  TUESDAY, 16 APR 2024
... GBST onboarded over 20 clients to its Equate product, which offers online tools and calculators to credit unions, banks, lending institutions, and other financial services organisations. GBST also renewed a five-year contract with an Australian Tier ...

AMP executive pay packet shrinks amid simplification

KARREN VERGARA  |  MONDAY, 15 APR 2024
... of $93 million, reflecting the challenging environment that AMP is operating in, particularly around funding costs for lending, Hazelton said. "To respond to this, we took the decision to moderate the loan book growth in the near term. In the current ...

Former AMP Capital research lead joins family office

ELIZABETH FRY  |  MONDAY, 15 APR 2024
... institutional capital and research. The White family office, led by the head of the Ray White Group, invests in direct lending, real estate private equity, and private equity for institutional investors, family offices, and private wealth managers. Dixon ...

IMF flags concerns over 'risky' private credit market

ELIZA BAVIN  |  TUESDAY, 9 APR 2024
... globally last year. The private credit market, which specialises in non-bank financial institutions such as investment funds lending to corporate borrowers, is now nearing market share equal to that of syndicated loans and high-yield bonds. "This market ...

Australian private capital industry surges 33%

ELIZA BAVIN  |  TUESDAY, 2 APR 2024
... Australia's emerging private debt industry showed strong signs of growth in 2023, supported by robust deal activity and tighter lending conditions amongst traditional debt providers. As of June 2023, private debt AUM stood at $1.8 billion. "Compared ...

Threats outside the Australian financial system build: RBA

ANDREW MCKEAN  |  TUESDAY, 26 MAR 2024
... system could manage an unexpectedly large deterioration in economic conditions as overall capital levels are high and lending standards have been prudent in recent years. Banks are also resilient to temporary funding market disruptions by holding ample ...

PGIM launches new platform in Australia

ELIZA BAVIN  |  MONDAY, 18 MAR 2024
... as part of the asset manager's global growth strategy. PGIM said Australia marks the first expansion of its agriculture lending business beyond North America. PGIM Real Estate will provide fixed rate, long-term financing solutions to Australian farm ...

AustralianSuper to deploy £8 billion in the UK

ANDREW MCKEAN  |  TUESDAY, 5 MAR 2024
... also has a growing Private Credit team based in the UK, focused on real estate, infrastructure and mid-market corporate lending strategies. Around £2 billion has been deployed to date across UK and Europe, including a £375 million subordinated facility ...

Pallas Capital, Ares launch $500m lending fund

CHLOE WALKER  |  THURSDAY, 29 FEB 2024
Pallas Capital (Pallas) has established a new lending facility with funds managed by NYSE-listed alternatives firm Ares Management. The fund, dubbed Pallas Funding Trust No. 2 (PFT), has a total funding of $500 million approved by its funding partners. ...

Madigan Capital appoints head of investment capital

ANDREW MCKEAN  |  MONDAY, 19 FEB 2024
... stable and sustainable investment returns in private markets. Despite the Reserve Bank of Australia reporting non-bank lending constitutes a minor portion of the Australian financial system - approximately 5% of total assets - the sector has experienced ...