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Showing 21 - 30 of 71 results for "KKR"

CFS targets adviser market

KARREN VERGARA  |  THURSDAY, 2 DEC 2021
... milestone in CBA's strategy to focus on its core banking businesses and to create a simpler and better bank. With our partner KKR, we will support CFS in becoming one of the leading superannuation and investment businesses in Australia, offering ...

CBA receives regulatory approval for CFS sale

CHLOE WALKER  |  TUESDAY, 23 NOV 2021
... approvals have been received for the sale of a 55% interest in Colonial First State (CFS) to leading global investment firm KKR. The transaction is expected to complete on 1 December 2021. CBA first announced the CFS divestment to KKR for $1.7 billion ...

AMP Capital appoints chair, deputy for Private Markets

ELIZABETH MCARTHUR  |  TUESDAY, 12 OCT 2021
... Infrastructure Group, from which he is due to step down following the completion of a scheme of arrangement for a consortium led by KKR and Ontario Teachers' pension fund to take over the business. The appointments are effective November 1 and will ...

CFS reduces premiums

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
... itself as a standalone superannuation and investments business following the sale of a 55% stake to global private equity giant KKR, which is expected to be completed in the coming months. Following completion of the transaction, CFS will be owned by ...

Colonial First State faces penalties for MySuper conduct

KANIKA SOOD  |  WEDNESDAY, 8 SEP 2021
... company said. The matter was a case study in the Royal Commission public hearings. Commonwealth Bank sold a 55% stake in CFS to KKR, in a transaction expected to complete in the coming months. CFS's MySuper product FirstChoice was recently named ...

CFS drops admin fees on FirstChoice Employer Super

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... with membership retirement outcomes at the heart of everything we do." Commonwealth Bank's sale of a 55% stake in CFS to KKR is expected to complete in coming months. As part of the separation, Colonial First State has appointed a new leadership ...

CFS unveils new leadership team

KARREN VERGARA  |  MONDAY, 5 JUL 2021
... superannuation and investments business in Australia." CBA entered an agreement to sell 55% of CFS to private equity firm KKR in May 2020. Coombe, who is the former MLC Wealth and current Generation Development Group chair was named chair-elect in March ...

IFM Investors named in class action

ELIZABETH MCARTHUR  |  MONDAY, 7 JUN 2021
... Court in the Northern District of Georgia with Ramon Dickerson as the lead plaintiff. Along with IFM, CDPQ Colonial Partners, KKR-Keats Pipeline Investors, Koch Capital Investments, Shell Midstream Operating were also named as defendants - with the entities ...

PEXA to IPO in June

ANNABELLE DICKSON  |  MONDAY, 31 MAY 2021
... "This is an outstanding outcome for the shareholders of Link Group," Link Group chief executive Vivek Bhatia said. Last week KKR (partnering with Domain) made an offer for PEXA, made up of $3 billion plus $126 million for cash on the balance sheet. The ...

KKR names local real estate head

ANNABELLE DICKSON  |  TUESDAY, 23 MAR 2021
... retail & communities in Europe and commercial manager for new business in Sydney. In his new role, Lee will be responsible for KKR's real estate platform across Australia and New Zealand and expanding KKR's real estate strategies across the Asia region. ...