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| | | Global private equity firm Advent International has set up shop in Australia, tapping the managing partner of Anchorage Capital to spearhead its growth ambitions. Beau Dixon is leading Advent's efforts to firm up its footprint here, which already exists ... |
| | | | Nero Private - a newly established boutique non-bank credit firm - has launched its first private debt fund, aimed at supporting Australian small and medium-sized enterprises (SMEs) while offering investors stable returns. Nero Private invests in credit-vetted ... |
| | | | ... upcoming ASIC funding levy, which is divvied up among the number of advisers registered as at 30 June 2024, is scheduled to land in August. FAAA general manager of policy, strategy, and advocacy Phil Anderson told the briefing that it does not appear ... |
| | | | ... revealed household wealth rose for a sixth straight quarter, by 2.7% in the March quarter to total $16.2 trillion. Residential land and dwellings was the largest contributor to quarterly growth in household wealth, adding 1.3 percentage points. "Rising ... |
| | | | KPMG specialists say disruptive technologies, particularly generative AI, and the imperative to automate, are exposing financial services executives to unprecedented vulnerabilities. In Australia, KPMG partner Matt O'Keefe noted that heightened customer ... |
| | | | ... $550 million mandate will be invested in commercial real estate private credit across construction loans, predevelopment land loans and investment loans. The new mandate brings Qualitas' total funds under management to $8.6 billion representing around ... |
| | | | Citi Australia has appointed a long-serving executive as head of debt capital markets for Australia and New Zealand. David Bailey, who is currently the head of cross border capital markets and is based in New York, will return to Australia to take up ... |
| | | | ... an Innovation Fund to develop new industries like green metals and low carbon fuels. "In a policy sense, I really want to land this energy transformation," Chalmers said. He added that if he had a magic wand, his top policy priority would be to attract ... |
| | | | Recruitment at all levels across most categories in the financial services industry has been lacklustre over the 2023/24 year, but there are some skills highly in demand, according to new data from Perceptor. The one exception has been insurance, which ... |
| | | | Ironbark Asset Management and global private markets firm HarbourVest Partners have joined in a strategic partnership with the launch of the Ironbark HarbourVest HGPS - Diversified Private Equity Fund. The fund is an open-ended Australian managed investment ... |
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