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Showing 201 - 210 of 1896 results for "Raising"

Perpetual hires new distribution lead

ELIZABETH FRY  |  FRIDAY, 13 OCT 2023
... technology. Further, in 2020 he spearheaded its business development and connected the business to a Series A investment round, raising $31.5 million. "Extremely excited to return to the wealth industry with Perpetual," he posted.

Private credit boom sweeps Australia

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... generally better. "In this industry, we operate in what we call 'collaborative capital' as general partners (GP) are raising more money for high-quality companies in many sectors such as software and technology. We say no to 95% of opportunities ...

GARDA Property Group confirms $30.5m loss

CASSANDRA BALDINI  |  FRIDAY, 6 OCT 2023
... highly conditional on several matters outside of its control, "including successful completion of due diligence, capital raising and finance." Should the transaction proceed, the group said the settlement is expected to occur in late December 2023, with ...

EQT launches new wholesale fund down under

CHLOE WALKER  |  TUESDAY, 26 SEP 2023
... successful launch in the Nordics in May, Australia is the second market to go live in a global rollout. EQT head of capital raising Australia Martin Donnelly said it comes in response to growing demand from local wholesale investors, financial advisers ...

MLC Life unveils retail discounts

KARREN VERGARA  |  FRIDAY, 22 SEP 2023
... Downey said. Last October, the insurer updated the income replacement ratios for both Income Assure and Income Assure+ by raising it for customers with higher incomes. Income Assure+ was updated to use an "own occupation" assessment for clients with ...

Adviser registration deadline extended again

KARREN VERGARA  |  WEDNESDAY, 20 SEP 2023
ASIC has again extended the date for financial advisers' registration requirements to 1 February 2024. Advisers previously had until October 1 to register on ASIC's Financial Advisers Register. The original deadline date was set for 1 January 2023. ...

Financial planning veteran launches ideas exchange

ANDREW MCKEAN  |  MONDAY, 18 SEP 2023
... eXchange, our vision is to create a dynamic platform that empowers leading advisers to exchange ideas and insights, ultimately raising the bar for best practices in our industry." The platform is guided by the belief that financial advice practices are ...

Industry mega trends impacting distribution roles

ELIZABETH FRY  |  MONDAY, 11 SEP 2023
... clients identify investment opportunities with strong risk-adjusted returns," she says. "We're finding that capital raising takes much longer; it requires more flexibility and patience. People often lack the technical investment knowledge to have ...

Lumiant chief steps down

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
... to Lumiant," Burggide said on LinkedIn. He added that "nothing prepared me for Lumiant - starting a business in COVID, raising $14 mil AUD, opening up in three countries and building it from no staff to 26 full-time. It busted me." Burridge is the chair ...

Latest CPI data provides case for rate pause

CHLOE WALKER  |  THURSDAY, 31 AUG 2023
... leaving interest rates unchanged at its policy meeting next week. "My base case remains that the RBA has now concluded raising interest rates. It will remain on hold for the remainder of this year with the first interest rate cut now expected in April ...