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Showing 381 - 390 of 4957 results for "Practice"

Apollo scoops up Argo Infrastructure Partners

JAMIE WILLIAMSON  |  TUESDAY, 14 JAN 2025
... Among its assets is TierPoint, an operator of data centers in the US. Under the deal, Argo - which integrates ESG best practice into its investment decisions - will join Apollo's Sustainability and Infrastructure group. Upon closing, about $9.7 billion ...

SEC fines private equity firms for recordkeeping failures

KARREN VERGARA  |  TUESDAY, 14 JAN 2025
Blackstone, KKR, and Carlyle are among the private equity firms that will collectively pay the Securities and Exchange Commission (SEC) US$63.1 million for failing to keep appropriate communications records. They join a growing list of financial institutions ...

Major climate group suspends operations

ROSE MARY PETRASS  |  TUESDAY, 14 JAN 2025
An alliance of financiers with over US$57.5 trillion in assets has bowed to US political pressure and hit pause after the exit of the world's largest asset manager, BlackRock. Net Zero Asset Managers (NZAM), which has over 300 members, announced it ...

Morgans Financial crowned largest licensee

KARREN VERGARA  |  WEDNESDAY, 8 JAN 2025
Morgans Financial has toppled AMP Financial Planning (AMP FP) to become the licensee with the largest number of financial advisers. Morgans recorded 431 active advisers at the end of 2024, while AMP FP had 426. On December 20, both AFSLs had 430 registered ...

PE firm acquires Mason Stevens

KARREN VERGARA  |  THURSDAY, 19 DEC 2024
A $2 billion private equity firm will acquire Mason Stevens for an undisclosed figure. Adamantem Capital has signed a binding agreement to acquire the managed accounts specialist. Mason Stevens chief executive Tim Yule said the transaction will deliver ...

Trustee valuation processes 'concerning': APRA review

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2024
... observed liquidity triggers described in such broad or overly qualitative terms that they may be difficult to use in practice." For a small number of RSEs, APRA observed differences between their documented quantitative triggers and the triggers actually ...

Oaktree completes $240m AZ NGA deal

MATTHEW WAI  |  TUESDAY, 17 DEC 2024
Following its announcement earlier in September, the transaction has been finalised, with Oaktree Capital Management becoming AZ Next Generation Advisory's (AZ NGA) largest shareholder with a $240 million investment. As part of the deal, Azimut retains ...

Con Michalakis jumps to Funds SA

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
... Managers based in Sydney. Michalakis also worked in London with Alliance Capital Management and was the first Australian practice leader of investment consulting for Watson Wyatt. Piteo said he was delighted to have Michalakis join the Adelaide-based ...

Anne Fuchs takes on new role at ART

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
... responsibility. In the new role, Fuchs will report to the chief enterprise services officer Julie Bingham. Evan Poole, the practice management and adviser growth head, and Erick Cordero, general manager advice, guidance, and education delivery, will ...

Engage Financial launches practice management firm

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2024
Engage Financial Solutions has launched Engage Practice Management - a partner firm dedicated to providing professional services firms with business solutions. Engage Practice Management will provide support through leadership coaching in EOS Implementation ...