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Showing 11 - 20 of 796 results for capital raising

Macquarie profits tumble; long-serving executive exits

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
... energy portfolio companies. The group's market-facing divisions, including Commodities and Global Markets and Macquarie Capital, reported a significant drop in net profit for 3Q24, attributed to the previous year's high commodity trading gains and lower ...

Massive crypto Ponzi scheme unravels

KARREN VERGARA  |  TUESDAY, 30 JAN 2024
... individuals that include an Australian citizen for allegedly perpetrating a fraudulent cryptocurrency scheme known as HyperFund, raising $2.6 billion (US$1.7bn). HyperFund's alleged co-founder Sam Lee, who has Australian citizenship and resides in ...

ISPT fills newly created head of mandates role, announces departures

ANDREW MCKEAN  |  WEDNESDAY, 24 JAN 2024
... worked on executing and delivering the ISPT Group strategy. ISPT said he was instrumental in new policy creation, capital raising, enhancing investor engagement, and strengthening the platform's governance framework. Additionally, Andy Buchan, mandate ...

Knight Frank bolsters capital advisory team

CHLOE WALKER  |  TUESDAY, 23 JAN 2024
... capital advisory business, offering clients access to a full spectrum of global capital advisory options, including capital raising, recapitalisations, partnering and debt advisory, and facilitating the flow of Asia Pacific capital into the market. The ...

Aussie fintech growth counteracted by local challenges: EY

CASSANDRA BALDINI  |  WEDNESDAY, 29 NOV 2023
... requirements over the past 12 months. According to the survey, 41% of respondents said they had not met their capital raising expectations over the past year, a significant jump from 29% the year prior. Nevertheless, 45% indicated that they had met their ...

Australian Unity sells advice arm to Fortnum, Nestworth

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
... million in life insurance premiums, and leverage a network of 400 advisers across Australia. Australian Unity wealth and capital markets chief executive Esther Kerr said the transaction will enable its advice business to increase scale and reach more ...

J.P. Morgan readies evergreen solution for wholesale market

ANDREW MCKEAN  |  MONDAY, 13 NOV 2023
... initiative, Creber indicated that J.P. Morgan is set to expand its local product offering, increasing the frequency of capital raising efforts and streamlining the application process for alternative investment opportunities to ensure that investors ...

Legalsuper hits members with increased fees

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
... Separately, the fund continues its search for a new investment chief following Norman Zhang's announced move to Koda Capital next month. Zhang's departure was the latest in a series of significant changes within the legalsuper team, following ...

Regal Partners buys stake in Taurus Funds Management

CASSANDRA BALDINI  |  WEDNESDAY, 1 NOV 2023
... and founded by Michael Davies, Gordon Galt and Rohan Menon, Taurus currently manages $2.3 billion in committed and drawn capital from its client base of predominantly US institutional investors and pension funds. According to Taurus, in many instances ...

Institutions must come to the table now: First Australians Capital

CASSANDRA BALDINI  |  FRIDAY, 27 OCT 2023
First Australians Capital (FAC) managing partner Benson Saulo wants to see financial institutions come to the table and back the Indigenous business sector. Ahead of the launch of FAC's Catalytic Capital Impact Fund which aims to support Indigenous-led ...