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

Search Results

Showing 11 - 20 of 154 results for "capital raise"

Australian Unity kicks off capital raise

CHLOE WALKER  |  TUESDAY, 7 MAR 2023
... market conditions and no unforeseen events. Australian Unity healthcare property general manager Chris Smith said the capital raise will strengthen AUHPT's balance sheet to provide funding for upcoming acquisitions and developments. "Some of the capital ...

Gurner, Qualitas close second BTR fund

CHLOE WALKER  |  WEDNESDAY, 22 FEB 2023
... platform (GQ) owned by multi-billion-dollar developer Gurner and Qualitas have announced a further build-to-rent (BTR) capital raise with another $2 billion for future growth, following the close of their second fund raising. The $2 billion injection ...

Stafford Capital Partners launches new fund

CHLOE WALKER  |  WEDNESDAY, 18 JAN 2023
... swift, on the back of our very pro-active sourcing but also a growing secondaries market." With this new larger capital raise, we are seeking to maintain sufficient dry powder and capitalize on these attractive opportunities, Greene said. Stafford's ...

Aware Super, Goldman Sachs, Bank of America back Xpansiv

ANDREW MCKEAN  |  THURSDAY, 12 JAN 2023
... Goldman Sachs, while Aware Super has deepened its investment. Xpansiv also announced the closing of a $125 million capital raise designed to fuel continued growth in the firm's service offerings and technology platforms. Bank of America president of ...

Household Capital acquires Pension Boost

ANDREW MCKEAN  |  MONDAY, 5 DEC 2022
... Financial Mortgage Insurance. Genworth took a 22% stake in Household Capital, concluding a $37.6 million series C capital raise. It joined as an investor and strategic partner alongside, Legal and General UK, Citi, and IFM Investors.

Super funds supercharge semiconductor business

CHLOE WALKER  |  TUESDAY, 29 NOV 2022
Five super funds, including Hostplus, HESTA, TelstraSuper, UniSuper and NGS Super have participated in a $30 million topping up of Sydney-based semiconductor developer Morse Micro's series B funding round. This brings the total raised by Morse Micro's ...

Household Capital partners with Genworth

ANDREW MCKEAN  |  WEDNESDAY, 19 OCT 2022
... taken a 22% stake in home equity retirement funding provider Household Capital, concluding a $37.6 million series C capital raise. Speaking to Financial Standard, Household Capital chief executive Joshua Funder welcomed Genworth as a strategic investment ...

Sovereign wealth fund awards $700m mandate

JAMIE WILLIAMSON  |  MONDAY, 1 AUG 2022
The Abu Dhabi Investment Authority has handed a $700 million mandate to a listed real estate investment manager. The mandate has been awarded to Qualitas by a wholly owned subsidiary of the fund and it's to invest in local commercial real estate ...

Aussie private capital on the rise: Report

CHLOE WALKER  |  WEDNESDAY, 4 MAY 2022
Australia's private capital industry reached a record $90 billion in assets under management at June 2021, according to Australian Investment Capital (AIC) and Preqin's most recent report. The 2022 Private Capital Market Yearbook report also recorded ...

Packhorse acquires trophy property, opens next raise

ANDREW MCKEAN  |  TUESDAY, 3 MAY 2022
... property acquisition, Packhorse has also officially opened its next offer to invest. The company outlined a target capital raise of up to $62 million to fund the purchase of two outstanding properties in New South Wales and to expedite the regeneration ...