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Showing 211 - 220 of 1391 results for "Backed"

Stake names new chief executive

KARREN VERGARA  |  FRIDAY, 12 JAN 2024
... executive following Insignia Financials' takeover. The platform has some $2.9 billion in assets under administration and is backed by major investors such as Tiger Global and DST Global. Commenting on his move, Leibowitz said that given the extent to ...

Investors livid over fresh portfolio valuation: Mayfair 101

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2024
... were solid. ASIC had no right to take that away from nearly six hundred people like me who did their due diligence and backed the company's strategy," unitholder Bruce Golightly said. "Sadly, it is clear Mayfair's lenders did more due diligence than ...

Insignia Financial class action dismissed by court

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2024
... the judgment. It added that it is also considering an appeal and will provide an update in due course. Litigation Lending backed the action and is liable for any costs.

IFM Investors appoints diversified credit leads

ELIZABETH FRY  |  FRIDAY, 15 DEC 2023
... significant changes to its Australian diversified credit team to help drive growth in the asset class. The industry fund-backed investor has appointed Lillian Nunez and Hiran Wanigasekera as co-heads of the business. The duo will lead the team formerly ...

AustralianSuper supersizes Churchill Asset Management mandate

ANDREW MCKEAN  |  WEDNESDAY, 13 DEC 2023
... manager's partnership, first announced in December 2022, continues to target senior and unitranche loans to private equity-backed US middle market companies. "AustralianSuper's latest instalment reinforces the strength of our strategic partnership ...

Fahour takes top job at Gurner Group

CHLOE WALKER  |  THURSDAY, 7 DEC 2023
... us new heights of success and innovation in the property sector and beyond." The news comes as Gurner Group and Qualitas-backed GQ build-to-rent (BTR) platform enter a joint venture with Malaysian developer OSK Property to build and operate a $2.8 billion ...

Advice firms must scale up to meet demand: AZ NGA

CASSANDRA BALDINI  |  WEDNESDAY, 6 DEC 2023
... mergers and acquisitions. It cited the recent acquisition of Australian Unity's Financial Advice business by AZ NGA-backed Nestworth Financial Strategists in partnership with Fortnum Private Wealth. Barrett said the Australian Unity deal is just ...

HSBC launches local venture debt offering

CASSANDRA BALDINI  |  MONDAY, 27 NOV 2023
... to the new offering, with loans ranging from $10 million to $30 million, based on the needs of the business. Companies backed by venture capital will have the opportunity to access HSBC's new debt product as it looks to focus on the technology sector. ...

MA Financial issues first RMBS

CHLOE WALKER  |  TUESDAY, 21 NOV 2023
MA Financial's lending business, MA Money, has completed its inaugural residential mortgage-backed securities (RMBS) issuance, amounting to $500 million. The transaction was initially launched at $400 million but was later increased due to high demand ...

Count, Diverger forge ahead with acquisition

KARREN VERGARA  |  FRIDAY, 17 NOV 2023
One day after COG Financial Services backed out of the running, Count announced that its acquisition of Diverger will go ahead and flagged that it's upped its offer price. Count is now willing to pay more for every Diverger share at $1.3651 - more ...