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Showing 1 - 10 of 59 results for "Queensland Investment Corporation"

QIC splashes $32m on PEP acquisition

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
Queensland Investment Corporation (QIC) lent $32 million to back Pacific Equity Partners' (PEP) acquisition of ATOM Group, an industrial and safety goods distributor. QIC Private Debt made the transaction via PEP's Fund VII. PEP flagged late ...

QIC adds to streak of venture capital investments

ANDREW MCKEAN  |  WEDNESDAY, 5 JUN 2024
Queensland Investment Corporation (QIC) has agreed to become a cornerstone investor in early and growth-stage fund Sprint Ventures, while also investing in biotech venture capital firm Brandon Capital. Yesterday, Financial Standard reported that QIC's ...

QIC backs startup investor

ANDREW MCKEAN  |  TUESDAY, 4 JUN 2024
Queensland Investment Corporation's (QIC) Venture Capital Development Fund has made an investment in technology investor Tidal Ventures. The undisclosed investment sum will support Tidal Ventures, which focuses on vertical AI, to invest in high-growth ...

Australian housing crisis escalates as affordability worsens

ANDREW MCKEAN  |  MONDAY, 8 APR 2024
... growth have caused housing affordability to drop to its lowest point in decades, according to Queensland Investment Corporation (QIC) senior economists. The economists pointed out that Australian Bureau of Statistics (ABS) data from February revealed ...

QIC names next chair

JAMIE WILLIAMSON  |  MONDAY, 26 FEB 2024
Geoff Brunsdon will serve as the chair of Queensland Investment Corporation from April. Brunsdon is set to succeed Ian Martin, who will retire after five years at the head of the board. His appointment was confirmed by Queensland treasurer Cameron Dick ...

QIC opens new international office

ANDREW MCKEAN  |  TUESDAY, 5 DEC 2023
Queensland Investment Corporation (QIC) has expanded its international footprint, opening a new office in Singapore, aiming to strengthen local partnerships and capital opportunities with Asian-based institutional investors. QIC chief executive Kylie ...

QIC buys Packhorse's last pastoral property

CHLOE WALKER  |  TUESDAY, 1 AUG 2023
Queensland Investment Corporation (QIC) has purchased the last asset in the Packhorse portfolio as it continues to grow its natural capital platform. The Stuart's Creek property, located north-west of Roma, was sold by Packhorse as a beef grazing operation ...

QIC secures stake in smart metering company

KARREN VERGARA  |  TUESDAY, 4 APR 2023
Queensland Investment Corporation (QIC) has entered a joint venture that gives it a 50% stake in a company that provides gas and electricity metering solutions. Vector, a New Zealand electricity and gas distributor, has offloaded half ownership of its ...

Susan Buckley to leave QIC

ELIZABETH FRY  |  FRIDAY, 16 SEP 2022
After almost 21 years at Queensland Investment Corporation, Susan Buckley has decided to step down as managing director of the liquid markets group. QIC's director of fixed income Beverley Morris has been appointed acting head of the liquid markets ...

QIC welcomes new director of private debt

CASSANDRA BALDINI  |  TUESDAY, 21 JUN 2022
The Queensland Investment Corporation has named Bettina Lung as its director of multi-sector private debt. Lung, who will report into QIC's head of multi-sector private debt Phil Miall, joins from Aware Super's credit income team. While at the super ...
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