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Showing 341 - 350 of 5173 results for "finance"

Subscription EVs attract HESTA, IFM interest

JAMIE WILLIAMSON  |  WEDNESDAY, 15 JAN 2025
... markets. The company recently secured $300 million in debt financing from Macquarie and $40 million from the Clean Energy Finance Corporation, which will be used to add thousands more vehicles. "Splend is a high quality, rapidly growing business with ...

BlackRock loses senior executive touted as Fink's successor

ANDREW MCKEAN  |  WEDNESDAY, 15 JAN 2025
... governments and financial institutions. Before BlackRock, Wiedman was a senior advisor to the under secretary for domestic finance at the US Treasury. Wiedman's departure comes following the exit of Salim Ramji - another former potential successor - ...

One in five pension funds face liquidity risks

KARREN VERGARA  |  WEDNESDAY, 15 JAN 2025
... assets, a new survey shows. The study of pension funds from the UK, US, Netherlands, Canada, and the Nordics by Ortec Finance reveals many are not equipped to manage adverse liquidity scenarios, particularly in the long term. Some 18% of pension funds ...

Platinum awards mandate to Northern Trust

ELIZA BAVIN  |  WEDNESDAY, 15 JAN 2025
... operational efficiencies. We look forward to the opportunity to partner with them as they grow into the future." Platinum finance director Andrew Stannard said many factors played into the asset manager deciding to switch to a new servicing provider. ...

Magellan names interim chief financial officer

ELIZA BAVIN  |  TUESDAY, 14 JAN 2025
... Mutchnik held various roles at Origin Energy, including as group manager, technical accounting, and senior manager, corporate finance. She started her career at KPMG in Los Angeles before transferring to KPMG Australia in 2005. Morton started with Magellan ...

UBS injects $100m into Centuria Bass

ELIZA BAVIN  |  MONDAY, 13 JAN 2025
... said. "UBS' commitment enables us to significantly scale our ability to service the domestic middle-market real estate finance sector with first mortgage bridging finance and residual stock loans. We are proud to have this additional commitment from ...

Stamford Capital Investments launches new fund

ELIZA BAVIN  |  FRIDAY, 10 JAN 2025
... capital stack in equity as liquidity remains buoyant in private credit with heightened competitive tension in arranging debt finance. "The private credit market is crowded. Fortunately, we are in a very unique position having access to Stamford Capital's ...

MetLife snaps up three investment teams from Mesirow

ANDREW MCKEAN  |  THURSDAY, 9 JAN 2025
... all of whom who are expected to join MetLife. MetLife said the acquisition will advance the development of its leveraged finance platform as it adds opportunistic high yield and bank loan strategies with risk-return profiles that complement its offering ...

Former Rugby World Cup champion joins Centuria Bass Credit

MATTHEW WAI  |  THURSDAY, 9 JAN 2025
... athlete-turned-financial professional brings around 20 years' financial services experience, including in various capacities at Allco Finance Group since 2006 and vice president at Commonwealth Bank between 2010 and 2014. He joined Grant Samuel as ...

AustralianSuper wins fund of the year

ANDREW MCKEAN  |  MONDAY, 6 JAN 2025
... over time, for example, growth beyond member services and investment teams into areas such as risk, technology, data, finance, legal, and other enterprise functions. He also said the fund has also made deliberate choices in its operating model to be ...