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Showing 2771 - 2780 of 29058 results for "PRI"

New boutique launches private debt fund

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
Nero Private - a newly established boutique non-bank credit firm - has launched its first private debt fund, aimed at supporting Australian small and medium-sized enterprises (SMEs) while offering investors stable returns. Nero Private invests in credit-vetted ...

Stafford Capital wins $569m mandate

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
Stafford Capital Partners announced it has been selected as a manager for the ACCESS Pool in global core timberland, and as ACCESS' sole global impact timberland manager. The initial size of the ACCESS timberland mandate is around £300 million ($569 ...

Australian Retirement Trust acquires major stake in industrial estate

ANDREW MCKEAN  |  FRIDAY, 28 JUN 2024
Mirvac finalised the sale of the Aspect South Industrial precinct in Sydney to the Mirvac Industrial Venture (MIV), with Australian Retirement Trust (ART) acquiring a 49% interest, bringing its total expected value to $1 billion. Last June, Mirvac and ...

New recruits top advice industry priority: FAAA

KARREN VERGARA  |  FRIDAY, 28 JUN 2024
The industry is urgently prioritising the recruitment of new advisers as those who remain bear the brunt of paying heftier levies that aggravate the costs of running a business and puts financial advice further out of reach for Australians. The latest ...

ETF price war heats up

ANDREW MCKEAN  |  FRIDAY, 28 JUN 2024
Leading exchange-traded product (ETP) investment managers - Vanguard, Betashares, BlackRock, and VanEck - which command about 70% of the Australian market, reduced their asset-weighted fees by 8% in the 12 months to March, according to Rainmaker Information. ...

PGIM expands APAC team with local hire

ELIZABETH FRY  |  FRIDAY, 28 JUN 2024
PGIM has added a former MLC Asset Management executive to its private alternatives team in the Asia Pacific. The US$1.3 trillion asset management business of Prudential Financial has appointed Dan Greyling as vice president - APAC business development ...

Clime completes Madison Financial sale

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
Clime Investment Management has completed the sale of Madison Financial Group after entering a strategic partnership with Infocus Wealth Management. The parties previously entered a full form binding sale deed to implement the sale and strategic partnership ...

APRA: RSE licensees show 'common areas of weakness'

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
The Australian Prudential Regulation Authority (APRA) has issued a letter to all registrable superannuation entity (RSE) licensees sharing the initial observations from its targeted thematic review of the superannuation industry's preparedness for ...

Stafford Capital secures $220m First Super mandate

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
Stafford Capital has announced that its Australian private equity co-investment program with First Super has been converted into an evergreen structure. Stafford's original private equity program with First Super, which has been operating since 2010 ...

Carlyle, Goldman Sachs give $1.6bn boost to Apex

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2024
Carlyle Group and Goldman Sachs will inject more than $1.66 billion into challenger administrator and custodian Apex Group to support its growth ambitions. The commitments have been made by Carlyle's global credit business and Goldman Sachs Private ...