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Showing 201 - 210 of 1720 results for "Venture"

Mutual Trust adds three partners

ELIZABETH FRY  |  MONDAY, 14 OCT 2024
One of the country's oldest wealth management groups has promoted three staffers to partner. Mutual Trust - the Myer and Baillieu family office - said the promotions reflect the increasing number of ultra-high-net-worth families and individuals ...

$3m super tax edges closer to reality

MATTHEW WAI  |  THURSDAY, 10 OCT 2024
... SMSFs. "The combination of taxing unrealised capital gains and no indexation will also have a devastating impact on the venture and start-up sectors that rely so heavily on the SMSF sector for funding," he added. "At a time when we need to lift economic ...

Carnegie's MHC Digital, Circle target local stablecoin push

ANDREW MCKEAN  |  TUESDAY, 1 OCT 2024
Venture capitalist Mark Carnegie's MHC Digital Group and fintech Circle have teamed up on a plan to ramp up USDC stablecoin distribution in Australia and Asia Pacific, exploring institutional use cases. USDC is a fully reserved stablecoin, with over ...

Citigroup, Apollo partner in private credit push

KARREN VERGARA  |  MONDAY, 30 SEP 2024
... sovereign wealth fund Mubadala Investment Company and Apollo's subsidiary Athene will also be participants in the venture. Apollo co-president Jim Zelter said: "Our collaboration will allow Citi to enhance its client offerings and bring more private ...

ART, Perennial back debt collection fintech

MATTHEW WAI  |  TUESDAY, 24 SEP 2024
... chapter," Foreman added. "We're thrilled to have the support of Airtree, one of Australia's largest and most renowned venture funds, along with existing investors reinforcing their belief in our mission to change the world of consumer debt for good - ...

Powerhouse Ventures to acquire Aliwa

KARREN VERGARA  |  FRIDAY, 20 SEP 2024
Powerhouse Ventures (PVL) is set to take over Aliwa Funds Management in a bid to expand into micro-cap investing. The ASX-listed firm entered a binding agreement with Aliwa for a consideration of $500,000 made upfront in an all-scrip deal at $0.04 per ...

Alternatives market to hit US$30tn by 2030: Preqin

MATTHEW WAI  |  THURSDAY, 19 SEP 2024
... represents a 0.8% drop from the previous period. Preqin said this is due to softer expectations for the private equity and venture capital markets. Despite this, it's predicted private equity will remain the largest asset class. According to its Future ...

Rising HNW numbers fuel need for specialist advice

JAMIE WILLIAMSON  |  THURSDAY, 12 SEP 2024
... diversification and higher returns, particularly among UHNW individuals, who are drawn to the potential of private equity, venture capital, and private debt funds," Praemium said. Praemium chief strategy officer Denis Orrock said the changing dynamics ...

Australia a 'regional private wealth hotspot': Preqin

ANDREW MCKEAN  |  WEDNESDAY, 28 AUG 2024
... fund searches by North American wealth managers between 2020 and 2024 reveals a strong preference in private equity and venture capital. So far this year, over 55% of the 3000-plus fund searches by North America wealth managers have been for private ...

Cairns resurfaces at Associate Global Partners

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2024
Former Magellan Financial Group chief executive Brett Cairns has popped up on multi-boutique Associate Global Partners' (AGP) board. Cairns, who led Magellan from 2018 and 2021 when he departed for personal reasons, is officially a non-executive ...