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Showing 221 - 230 of 1873 results for "lending"

AZ NGA welcomes head of M&A

CASSANDRA BALDINI  |  MONDAY, 10 JUL 2023
... complex problems and delivering outcomes. "His background and broad financial services experience, which spans advice, lending, broking and wealth management, also positions him strongly to offer support to our collective of accounting and advisory firms," ...

ASIC deepens investigation into Magnolia founder

KARREN VERGARA  |  FRIDAY, 30 JUN 2023
... 2022 and May. The preliminary investigation into the failure of the Magnolia Group indicates that it operated a private lending business sourcing capital from private investors and that approximately $40 million in investor losses are presently unaccounted ...

ASIC flags AI regulation remit

KARREN VERGARA  |  TUESDAY, 20 JUN 2023
... look at other developments in this space as well, such as crypto tech - digitisation of assets, carbon markets, FX, and lending," he said. In another example, ASIC expects to consult on expanding automated order processing rules to futures markets to ...

Epsilon launches second Australian fund

CASSANDRA BALDINI  |  THURSDAY, 15 JUN 2023
Epsilon Direct Lending has launched its second corporate direct lending fund with the backing of a multi-family office. The Epsilon Direct Lending Senior Loan Fund leans into growing investor demand for Australian conservative private credit strategies. ...

Former BBY operations lead sentenced

JAMIE WILLIAMSON  |  FRIDAY, 9 JUN 2023
... involved serious offending and the obtaining of an extremely large financial advantage for BBY and masked the risk of lending from St George. He said that the circumstances of this matter were highly unusual and exceptional and but for these circumstances ...

Italian private credit fund brings unique offering down under

CHLOE WALKER  |  TUESDAY, 30 MAY 2023
... MLoan fund to Australian investors, expected to be available in July. MLoan, which replicates Muzinich's parallel lending strategy launched in 2018, invests predominately in private European senior secured, floating rate loans. The aim, according ...

BNPL to be regulated under Credit Act

CASSANDRA BALDINI  |  MONDAY, 22 MAY 2023
... following its options paper and review of the sector which opened last year. Speaking this morning at the Responsible Lending and Borrowing Summit minister for financial services Stephen Jones said the "unregulated and unchecked" BNPL market would be ...

EG expands into private debt market

CHLOE WALKER  |  THURSDAY, 18 MAY 2023
... will help solidify a strong partnership that generates outstanding consistent returns and positive impact, he said. "As lending declines from the major banks, we have recognised a funding gap within the market," Walt said. "That's why private debt has ...

Cbus eyes big deals in new investment blueprint

ANDREW MCKEAN  |  TUESDAY, 16 MAY 2023
... managing counterparty risk and unlocking additional areas of value across the portfolio, including through the securities lending programme. Chatfield concluded by highlighting the fund's commitment to a responsible investment strategy, integrated across ...

PGIM buys majority stake in Deerpath Capital

CHLOE WALKER  |  THURSDAY, 11 MAY 2023
... global asset management business of Prudential Financial has acquired a majority interest in US private credit and direct lending manager Deerpath Capital Management (Deerpath). Since its inception in 2007, Deerpath has deployed over $12.9 billion of ...