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Showing 431 - 440 of 7574 results for "Deal"

Trump orders creation of US sovereign wealth fund

ANDREW MCKEAN  |  TUESDAY, 4 FEB 2025
... sovereign wealth fund. "... we're going to be doing something, perhaps with TikTok, and perhaps not, if we make the right deal we'll do it, otherwise, we won't. But I have the right to do that," Trump said. "We might put that [TikTok] in the ...

LGT Capital Partners brings $1.6bn PE strategy to Australia

MATTHEW WAI  |  TUESDAY, 4 FEB 2025
... 850 underlying portfolio companies and benefits from over 800 private equity sponsors around the world to access "strong deal flow". Of the $1.6 billion raised across the world, LGT Capital Partners said an Australia institutional investor has contributed ...

Perennial appoints co-head of private investments

ELIZA BAVIN  |  TUESDAY, 4 FEB 2025
... across private markets and investment banking brings valuable depth to our team," Lyons said. "His proven track record in deal execution and portfolio management will enhance our capabilities in sourcing new opportunities, supporting existing portfolio ...

Jones instigates CSLR review, levy hits $70m

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
As new estimates show that financial advisers will have to fork out $70 million to fund the Compensation Scheme of Last Resort (CSLR) for the next financial year - breaching the $20 million cap - Treasury is now calling for a review of the controversial ...

Rest calls for advice reforms, extending SG

ELIZA BAVIN  |  FRIDAY, 31 JAN 2025
... recommendations, Rest also called for the government to update the Low Income Super Tax Offset policy settings to give a fairer deal to low-income earners. It also wants the government to fund and develop a framework for data sharing between government ...

Super fund promotional expenses balloon: APRA

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
Superannuation funds' promotional expenses continue to balloon as new APRA data shows that AustralianSuper has the biggest marketing budget while Hostplus continues to splurge on sponsorship deals. Hostplus splashed a staggering $13.7 million on ...

Canadian pension fund names new CIO

ELIZABETH FRY  |  THURSDAY, 30 JAN 2025
Canada's Public Sector Pension Investment Board named a new investment chief of PSP investments and a new head of the pension fund's private markets subsidiary. Patrick Charbonneau has been appointed chief investment officer of PSP Investments. ...

Minimum service standards for super funds welcomed

ELIZA BAVIN  |  WEDNESDAY, 29 JAN 2025
Treasurer Jim Chalmers and Assistant Treasurer Stephen Jones announced new mandatory minimum service standards for all large APRA-regulated superannuation funds. Chalmers said the reforms will improve member outcomes and how funds engage with their ...

AdviceIQ general manager Paul Harding-Davis to retire

ANDREW MCKEAN  |  TUESDAY, 28 JAN 2025
AdviceIQ general manager Paul Harding-Davis will retire in April, with the financial advice group for high-net-worth clients naming a Macquarie Group executive as his successor. Harding-Davis told Financial Standard that now is the right time for retirement ...

Private credit asset manager launches $100m strategic capital fund

ANDREW MCKEAN  |  TUESDAY, 28 JAN 2025
... strong investor interest." With $100 million raised and available for investment - plus added capacity through dedicated deal-specific co-investment vehicles - GCI said the fund provides tailored, flexible capital to meet the unique needs of businesses ...