Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 411 - 420 of 3455 results for "Stake"

Ares launches private markets fund

ANDREW MCKEAN  |  THURSDAY, 12 DEC 2024
Ares Management has launched a Private Market Fund (AUT), a locally domiciled unit trust to provide Australian wholesale clients access to Ares Private Markets Fund (AMPF) - as US registered management investment vehicle that's distributed through Ares' ...

Con Michalakis jumps to Funds SA

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
High-profile Hostplus executive Con Michalakis has landed the top investment job at the $46 billion public sector investment manager. Reporting to Funds SA chief executive John Piteo, Michalakis will replace acting chief investment officer Matt Kempton ...

Dexus terminates Core Property Fund

JAMIE WILLIAMSON  |  WEDNESDAY, 11 DEC 2024
... co-owners of Macquarie Centre, one of the Dexus Wholesale Shopping Centre Fund's major assets, could force Dexus to sell its stake, valued at around $830 million. It has since been confirmed that this decision will be appealed by Dexus, with an outcome ...

Scarcity Partners acquires stake of foreign investment firm

ANDREW MCKEAN  |  WEDNESDAY, 11 DEC 2024
Scarcity Partners has acquired a 20% interest in January Capital, a Singapore-based private markets investment firm focused on Asia Pacific technology companies. The acquisition is hoped to support January Capital's ability to identify and fund technology-driven ...

MLC Life and Resolution Life Australasia to merge

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2024
... share of MLC Life Insurance that National Australia Bank (NAB) has retained since 2016, when Nippon Life acquired the 80% stake in MLC Life Insurance. As a part of the transaction, NAB has agreed to provide, for a period of three years post completion ...

GQG raises $145m for private markets fund

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2024
GQG Partners has announced that its GQG Private Capital Solutions business has closed around $145 million for its initial private capital fund. GQG said the addition of private markets capabilities is an important step in diversifying its sources of ...

AFCA completes independent review of operations

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
The Australian Financial Complaints Authority (AFCA) has announced the completion of a three-year program responding to the 2021 Independent Review of its operations. AFCA said the work had redefined its approach to external dispute resolution. The ...

Funds SA appoints chief investment officer

ANDREW MCKEAN  |  FRIDAY, 6 DEC 2024
Funds SA has appointed a new chief investment officer, who will join from Hostplus, to commence in February 2025. Hostplus deputy chief investment officer Con Michalakis, who assumed the role in March 2022 after the merger between Hostplus and Statewide ...

Treasury gives Tranche 2 reform package preview

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
The government has provided clarity on the second tranche of the Delivering Better Financial Outcomes reforms, offering more detail around what's included and confirming the remit of its 'new class of adviser.' The second package of reforms is aimed ...

AMP completes advice licensees sale

KARREN VERGARA  |  MONDAY, 2 DEC 2024
... those events have come across, so there was minimal change for us," Lawler said. As previously announced, AMP retains a 30% stake in the new business. Entireti paid $10.2 million for AMP's advice licensees and Jigsaw, while AZ NGA acquired AMP's ...