Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 117 results for "KKR"

EQT promotes three Australian staffers

ELIZABETH FRY  |  THURSDAY, 29 JAN 2026
... independent. EQT, founded in 1994 by Sweden's Wallenberg family, is the world's second-largest private equity firm behind KKR with €270 billion in assets under management.

KKR chief operating officer steps down

ANGELIQUE MINAS  |  MONDAY, 12 JAN 2026
Private equity and investment firm Kohlberg Kravis Roberts & Co (KKR) announced that Ryan Stork will step down from his role as chief operating officer effective immediately. KKR announced the departure of Stork in a regulatory filing dated January ...

Colonial First State, AIA agree $140m class action settlement

JAMIE WILLIAMSON  |  WEDNESDAY, 5 NOV 2025
... to acceptance by the Federal Court of Australia. "On 1 December 2021, CBA completed the sale of a 55% interest in CFSIL to KKR. On 15 March 2021, the Federal Court approved a scheme which provided that AIA Australia was liable for certain liabilities ...

Perpetual confirms exclusivity with Bain Capital

KARREN VERGARA  |  WEDNESDAY, 5 NOV 2025
... trusteeship, investment management, strategy, grant-making, and governance." In early 2025, Perpetual terminated an agreement with KKR in which the latter would acquire the wealth management and corporate trust businesses. This would have led to massive ...

Private credit funds downplay risks, pose risk to financial system: ASIC

KARREN VERGARA  |  WEDNESDAY, 5 NOV 2025
... unlisted. The sample included products provided by Metrics Credit Partners, La Trobe Financial, MaxCap, Qualitas, Remara, Pengana, KKR, Ares and RELI Capital. While some are doing the right things by investors, many are not doing so on a "material" basis. ...

Australian Ethical appoints chief operating officer

ANGELIQUE MINAS  |  WEDNESDAY, 22 OCT 2025
... (CFS) for two years following the separation from Commonwealth Bank and sale to private equity firm Kohlberg Kravis Roberts (KKR). McMurdo said: "I'm delighted that Anthony will be joining our business at this exciting time. We have made significant ...

FEATURE: Hyped up

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... Texas-based DataBank, while the Future Fund recently gained a 35% stake in Canberra Data Centres. Among the even bigger players, KKR and Global Infrastructure Partners now own CyrusOne, outlaying US$15 billion, while Blackstone paid US$10 billion for ...

Perpetual flags 'uncertainty' over wealth management sale

ELIZA BAVIN  |  THURSDAY, 28 AUG 2025
... $134.6 million primarily related to the J O Hambro asset management boutique, as well as costs associated with the terminated KKR transaction. "Following the decision to terminate the agreement for a scheme of arrangement with KKR in February 2025, Perpetual ...

CBA sets aside $52m for remediation

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
... the fees paid by members. CFSIL denied the allegations and defended the proceedings. CBA completed the sale of 55% of CFS to KKR in December 2021, but assumed carriage of the superannuation class actions and proceedings on behalf of CFSIL and AIL. In ...

Aware Super flies the coop with sale to KKR

ELIZA BAVIN  |  WEDNESDAY, 2 JUL 2025
Aware Super has sold its stake in ProTen to KKR for an undisclosed amount. Established in 2001, ProTen develops, owns, and operates farm infrastructure for Australia's poultry supply chain. The company manages poultry infrastructure including more than ...