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Showing 231 - 240 of 1873 results for "lending"

Qualitas signs $1bn credit mandate

JAMIE WILLIAMSON  |  MONDAY, 8 MAY 2023
... deployed, Qualitas noted. The ASX-listed manager will co-invest $30 million over the life of the mandate. "As the alternative lending market continues to grow so does the breadth of product available from alternative financiers. RSLs present compelling ...

Mercer scoops up third BT business unit

KARREN VERGARA  |  MONDAY, 8 MAY 2023
... corporate superannuation funds and the sale of Advance Asset Management to Mercer. Platforms, Westpac Pacific, margin lending and auto finance business currently remain. Specialist Businesses' net profit rose a whopping 273% to $493 million thanks ...

MA Financial acquires US credit manager

CHLOE WALKER  |  TUESDAY, 2 MAY 2023
... Elephant, which was founded in 2013 and manages $275 million in private credit investments through direct loans, asset-backed lending and receivables financing. The Blue Elephant team has been co-investing with MA Financial since early 2021. MA Financial ...

UniSuper awards private debt mandate to Revolution AM

ANDREW MCKEAN  |  TUESDAY, 18 APR 2023
... asset manager targets loan pools comprised of "prime borrowers" with high credit scores. Revolution's real estate lending strategy involves financing stable and established properties in the office, retail, and industrial sectors, supported by high-quality ...

Bank of Queensland names Frazis replacement

CHLOE WALKER  |  MONDAY, 27 MAR 2023
... material progress in strengthening its capital and liquidity position over the past six months and have maintained quality lending portfolios as it prepares for a more challenging economic environment. "BOQ has several programs underway to improve the ...

Professionalise sustainability within funds: Panel

CASSANDRA BALDINI  |  TUESDAY, 21 MAR 2023
... demand. "Major funders of the shipping industry are big banks around the world, they all have to demonstrate who they are lending money to and what those shipping companies are doing to get to net zero," Hutley said. She reinforced that it is costly ...

Lending to small businesses increases: Survey

KARREN VERGARA  |  MONDAY, 20 MAR 2023
... large corporations. Despite the narrowing spread between small and large business interest rates, recent increases in lending rates could have a larger impact on SMEs' overall cost of finance compared to large businesses, the RBA said, as small practices ...

Fink warns of "slow rolling crisis"

JAMIE WILLIAMSON  |  THURSDAY, 16 MAR 2023
... more seizures and shutdowns coming," Fink said. "It does seem inevitable that some banks will now need to pull back on lending to shore up their balance sheets, and we're likely to see stricter capital standards for banks." He said that what's ...

Equity Trustees wins Northleaf Capital mandate

ANDREW MCKEAN  |  THURSDAY, 16 MAR 2023
... available to Australian wholesale investors. NSPC is an open-end private credit fund that specialises in senior secured direct lending to private-equity backed firms and asset-based speciality finance investments across North America, Europe, and Australia. ...

No systemic risk with SVB, but issues remain: Experts

CASSANDRA BALDINI  |  WEDNESDAY, 15 MAR 2023
... customers at smaller banks, are likely to move deposits to larger, more established institutions," they said. "Industry lending standards will likely tighten further, which will constrain economic growth, reduce inflation and make it less necessary for ...