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Showing 371 - 380 of 2146 results for "Funding"

Spaceship launches US investing service

JAMIE WILLIAMSON  |  WEDNESDAY, 6 SEP 2023
... Li-Ka Shing. The additional $6 million was extended via an existing convertible note facility. It said the additional funding will support Spaceship's growth initiatives, including new products and the expansion of its existing operations, including ...

Rest awards mandate to specialist fund manager

ANDREW MCKEAN  |  TUESDAY, 5 SEP 2023
... CEFC, and Sky Renewables have also increased their commitments to OASIS with an additional $200 million investment. The funding brings Octopus' total capital raised across its renewables platform to $550 million just shy of a year since its inception. ...

Most trustees pass Canva valuation test: APRA

KARREN VERGARA  |  MONDAY, 4 SEP 2023
... year, according to a Morningstar note. T. Rowe Price slashed its valuation by 67% last year after leading a US$200 million funding round in the year prior that took Canva's valuation to new heights of US$40 billion. Aware Super is currently invested ...

Citi terminates staff super fund

JAMIE WILLIAMSON  |  TUESDAY, 29 AUG 2023
Citi is closing its staff superannuation fund and ceasing all defined benefit funding, saying it's no longer feasible to continue operating. Employees were recently advised the company had given notice to the trustee that it has decided to terminate ...

MA Financial strengthens lending business

CHLOE WALKER  |  MONDAY, 28 AUG 2023
... things to consider when dealing with credit is good structure and security. "... We are very cautious on the mezzanine funding in real estate and in real estate construction at the mezzanine and personal unsecured level," he said. "We do all of the underwriting ...

No question we need more BTR: Mowat

CHLOE WALKER  |  THURSDAY, 24 AUG 2023
... Eastern seaboard around 300 units per development." Mowat said UBS looks at varying deal structures including forward-funding, de-risked structures with a view to maximise the alignment of interests; a strategy that works very well for its investors. ...

Centrepoint names new chair, borrows $10m for M&A

CASSANDRA BALDINI  |  WEDNESDAY, 23 AUG 2023
... NAB for a debt facility of $10 million to fund acquisitions. The specifics of the term sheet and the intended use of the funding will be disclosed once the facility is set up, it said. A combination of the loan, its balance sheet and cash position will ...

Westpac reports $1.8bn net profit, rise in stressed assets

ANDREW MCKEAN  |  MONDAY, 21 AUG 2023
... 1.37%. Westpac also showcased robust liquidity metrics: a 138% average liquidity coverage ratio and a 118% net stable funding ratio, both exceeding regulatory minimums. "Credit quality was resilient in 3Q23, and the group remains well provisioned," Westpac ...

Netwealth gears up to relaunch Core, market share expands

ANDREW MCKEAN  |  WEDNESDAY, 16 AUG 2023
... segments, and we have successfully secured several important new licensee relationships that have begun transitioning and funding new accounts." Earlier this year, Netwealth also relaunched Wealth Accelerator with a focus on non-custodial assets. The ...

Fund manager injects $28m in Stockspot

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
Robo-adviser Stockspot received a $28 million funding boost from a global fund manager that will see it expand its capabilities in the precarious digital advice landscape. Mirae Asset Global Investments announced its "major strategic investment" in ...