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Showing 281 - 290 of 1637 results for "valuation"

'Opaque asset class' needs regulation: Datt Capital

MATTHEW WAI  |  MONDAY, 26 AUG 2024
The investment manager is advocating for greater regulatory oversight of the private credit sector, pushing for a more secure and transparent investment environment. Labelling the asset class as "opaque," Emanuel Datt, chief investment officer at Datt ...

AOF sells another asset, flags delisting

KARREN VERGARA  |  FRIDAY, 23 AUG 2024
... is set to offload 64 Northbourne Avenue, Canberra for $21.2 million to an unnamed buyer, 10% cheaper than its June 30 valuation of $23.55 million. The transaction is expected to finalise in November. Responsible entity, Australian Unity Investment Real ...

Qualitas shines in FY24, Charter Hall contracts

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
Private credit continued to buoy Qualitas' performance in the 2024 financial year while Charter Hall contracted against a tough real estate sector. Qualitas reported a 46% jump in total funds under management (FUM) to $8.9 billion thanks to several ...

Dexus property valuation rout deepens by $2bn

KARREN VERGARA  |  TUESDAY, 20 AUG 2024
... acquisition also delivered about $28 million in performance fees, but was partly offset by the impact of divestments, valuation declines and a lower contribution from development milestone fees compared to FY23. Dexus signed contracts to sell three assets ...

QIC promotes key private equity staff

ELIZABETH FRY  |  MONDAY, 19 AUG 2024
QIC has beefed up its private equity team by promoting a swag of investment professionals as the $110 billion Queensland state-backed fund hunts for deals. The promotions include two new partners in the investor's London and San Francisco offices. ...

Challenger pre-tax profit up 17%, raises dividend to 26.5c

ANDREW MCKEAN  |  TUESDAY, 13 AUG 2024
... tax (EBIT) increased 17% to $634 million, which Challenger said reflected its focus on driving longer duration, more valuation annuity sales that in turn is supporting higher margins and return on equity. Meanwhile, Challenger's funds under management ...

Janus Henderson to buy private credit manager Victory Park Capital

ANDREW MCKEAN  |  TUESDAY, 13 AUG 2024
... development for his firm and Victory Park. "It's a wonderful opportunity to realise a portion of our investment at a great valuation while maintaining exposure to the growth in the business going forward," he said. Separately, this expansion of Janus ...

What Yarra Capital is buying in the dip

ELIZA BAVIN  |  THURSDAY, 8 AUG 2024
... models and strong management teams which have been sold off on cyclical concern. High-quality growth companies where valuation support is improving, albeit we are being more price sensitive in this area given the elevated starting point for valuations. ...

Private capital fundraising remains in the doldrums: Preqin

ANDREW MCKEAN  |  THURSDAY, 1 AUG 2024
Private capital fundraising across an aggregate of asset classes continues to remain at a low point, according to a report by Preqin. However, there is a silver lining as fundraising for APAC-focused private equity funds increased in the second quarter ...

UniSuper's environmental option returns -16%

JAMIE WILLIAMSON  |  TUESDAY, 30 JUL 2024
The fund's Global Environmental Opportunities (GEO) option returned a dismal -15.96% in FY24, but chief investment officer John Pearce says the growth themes remain intact, adding it's on a more solid footing than in FY21 when returns soared ...