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Showing 221 - 230 of 1707 results for "venture"

QIC adds to streak of venture capital investments

ANDREW MCKEAN  |  WEDNESDAY, 5 JUN 2024
... 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 venture capital development fund (QVCDF) committed ...

Block Earner dodges massive fine

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
The Federal Court has absolved Block Earner from paying a penalty for trading without a financial services licence, which ASIC believes should have been $350,000. While Judge Jackman determined that while Block Earner, which invested in cryptocurrency ...

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 ...

Freshwater Wealth launches

KARREN VERGARA  |  FRIDAY, 31 MAY 2024
A former Viridian Advisory financial adviser has stepped out to launch a new venture, Freshwater Wealth, which caters to high-net-worth individuals. Sydney-based founder and partner Roger Perrett set up Freshwater Wealth, which is licensed by Centrepoint ...

BT Panorama launches first-of-its-kind private market managed account

ANDREW MCKEAN  |  THURSDAY, 30 MAY 2024
... investment of $100,000, making private markets accessible to sophisticated investors, unlike traditional private equity or venture capital funds that typically require investments of $5 million to $10 million. BT explained that investor interest in private ...

Lendlease ditches overseas construction

KARREN VERGARA  |  MONDAY, 27 MAY 2024
... sale of the Retirement Living business in 2018, Lendlease has sold down two further tranches of the units in the joint venture trust in the 2021 and 2022 financial years, totalling 50%. The ATO has not issued amended assessments in respect of those subsequent ...

UK forewarns Australia on wholesale test changes

KARREN VERGARA  |  THURSDAY, 23 MAY 2024
... Investment Council (AIC) wrote in its submission to the inquiry that depending on the extent of the increases, the impact on venture capital (VC) and private equity funds' ability "to raise capital and invest would be profound". In analysing the potential ...

Qantas Super boosts ag assets by $200m

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2024
... has already allocated $150 million to two GO.FARM assets - the Riverina Trust and Sandmount Farms. GO.FARM is a joint venture between founder and managing director Liam Lenaghan and Costa Asset Management, the private investment arm of the Costa family. ...

Succession planning troubles family offices: J.P. Morgan

KARREN VERGARA  |  TUESDAY, 30 APR 2024
Global family offices remain deeply concerned about how to prepare the next generation to inherit a vast fortune as almost 30% do not have a structured approach to help them, a new study from J.P. Morgan reveals. The majority (70%) of participants that ...

Plenary Group sells 49% stake to ADQ

KARREN VERGARA  |  MONDAY, 29 APR 2024
... of Plenary Americas. ADQ deputy group chief executive Hamad Al Hammadi said: "This collaboration, marking our inaugural venture in Australia, underscores ADQ's commitment to developing partnerships that complement our investment strategy, which aims ...