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Showing 11 - 20 of 1196 results for "Backed"

QIC, super funds pour more into Queensland space tech

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2024
... milestones over the medium term and leverage more immediate opportunities in Australia and abroad. "Our team is fortunate to be backed by high-calibre investors whose unwavering support has led to the development of Australia's first orbital rocket ...

Crypto fintech needed AFSL, court says

JAMIE WILLIAMSON  |  MONDAY, 12 FEB 2024
... rejected this assertion. This product is still available. "This important decision provides some clarity as to when crypto-backed products should be considered financial products which require licensing under the law. Crypto-assets are risky, inherently ...

Australian Ethical, Infradebt to launch infrastructure debt fund

ANDREW MCKEAN  |  FRIDAY, 2 FEB 2024
Australian Ethical and Mike Cannon-Brookes-backed Infradebt are launching a debt fund to finance renewable energy projects, alongside ventures in social infrastructure and property development. The infrastructure debt fund will provide capital to solar ...

Diverger shareholders welcome Count takeover

KARREN VERGARA  |  WEDNESDAY, 24 JAN 2024
... support for transaction. ASX-listed COG Financial Services (COG) was initially in the running to acquire Diverger. COG backed away last November, together with its offer of $1.4083 per share. Brook added since announcing the acquisition and despite employment ...

Adviser numbers stable at 15,650

KARREN VERGARA  |  MONDAY, 15 JAN 2024
... in 2022 and now has about $23 billion in funds under advice. Count will swallow up Diverger after COG Financial Services backed out of the running last November.

Stake names new chief executive

KARREN VERGARA  |  FRIDAY, 12 JAN 2024
... executive following Insignia Financials' takeover. The platform has some $2.9 billion in assets under administration and is backed by major investors such as Tiger Global and DST Global. Commenting on his move, Leibowitz said that given the extent to ...

Investors livid over fresh portfolio valuation: Mayfair 101

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2024
... were solid. ASIC had no right to take that away from nearly six hundred people like me who did their due diligence and backed the company's strategy," unitholder Bruce Golightly said. "Sadly, it is clear Mayfair's lenders did more due diligence than ...

Insignia Financial class action dismissed by court

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2024
... the judgment. It added that it is also considering an appeal and will provide an update in due course. Litigation Lending backed the action and is liable for any costs.

IFM Investors appoints diversified credit leads

ELIZABETH FRY  |  FRIDAY, 15 DEC 2023
... significant changes to its Australian diversified credit team to help drive growth in the asset class. The industry fund-backed investor has appointed Lillian Nunez and Hiran Wanigasekera as co-heads of the business. The duo will lead the team formerly ...

AustralianSuper supersizes Churchill Asset Management mandate

ANDREW MCKEAN  |  WEDNESDAY, 13 DEC 2023
... manager's partnership, first announced in December 2022, continues to target senior and unitranche loans to private equity-backed US middle market companies. "AustralianSuper's latest instalment reinforces the strength of our strategic partnership ...