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Showing 391 - 400 of 4886 results for "Debt"

QIC splashes $32m on PEP acquisition

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
... back Pacific Equity Partners' (PEP) acquisition of ATOM Group, an industrial and safety goods distributor. QIC Private Debt made the transaction via PEP's Fund VII. PEP flagged late last year that it signed an agreement to acquire ATOM, which ...

Prime FG eyes wealth management business

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
... Altor supports PFG's aim of doubling group revenue by FY25 to $50 million. PFG operates in wealth management and SMSFs, debt capital advisory and consulting, and accounting and business advisory. The wealth management unit has some $1.2 billion in ...

EQT updates on Australian Executor Trustees acquisition

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... interest, tax, depreciation and amortisation by more than a third. The acquisition was funded through a combination of both debt and equity.

Inflation debate: Older Australians accused of driving crisis

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUN 2024
... Senator Nick McKim asked Bullock if there is currently a situation in which "younger folks who are more likely to be carrying debt are actually reducing their spending while older folks who are more likely to have savings and lower or no debt are still ...

Emissions data demand drives tech growth

ROSE MARY PETRASS  |  TUESDAY, 4 JUN 2024
... estimates as fast as possible", Prins said - especially in traditionally opaque investment classes like infrastructure, private debt, private equity, and commercial real estate. "As we approach mandatory reporting, asset owners and fund managers are ...

Australians selling assets over seeking help: ASIC

ELIZA BAVIN  |  MONDAY, 3 JUN 2024
... research which sheds light on the financial hardship faced by Australians. The research found that 47% of Australian adults with debt, the equivalent of 5.8 million people, have struggled to make repayments in the last 12 months. The top reasons for ...

Regal Partners acquires Merricks Capital

ELIZA BAVIN  |  MONDAY, 3 JUN 2024
... acquisition will cost Regal approximately $235 million, comprised of a cash payment of $40 million, subject to customary net debt, regulatory capital and working capital adjustments, and the issue of more than 63.9 million fully paid ordinary shares ...

BT Panorama launches first-of-its-kind private market managed account

ANDREW MCKEAN  |  THURSDAY, 30 MAY 2024
... (SMA) on the BT Panorama platform, offering high-net-worth (HNW) clients access to a portfolio of private equity, private debt, and real assets. BT head of managed accounts Zac Leman said many HNW clients are keen to include private market investments ...

Market pessimism over Insignia 'overblown'

ELIZA BAVIN  |  WEDNESDAY, 29 MAY 2024
... earnings. "Investors appear to be deterred by margin compression, sluggish flows, restructuring challenges and deteriorating debt coverage," Ler said. "We think these concerns are overblown, and the market underappreciates Insignia's ability to stabilise ...

Former Queensland adviser struck off permanently

ANDREW MCKEAN  |  WEDNESDAY, 29 MAY 2024
Former Sunshine Coast financial adviser Brett Gordon has been permanently banned from providing financial services and engaging in credit activities following his conviction for fraud offences last month. This prohibition extends to any role within ...