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Showing 441 - 450 of 3453 results for "Stake"

ASIC cancels fewer AFSLs in FY24

KARREN VERGARA  |  FRIDAY, 11 OCT 2024
ASIC cancelled or suspended 239 AFS licences (AFSLs) in the 2024 financial year, which is 9% lower than the prior period. Report 797 Licensing and professional registration activities, which tracks licensing and professional registration activities ...

ASX listings dwindle as companies abandon public markets

ANDREW MCKEAN  |  FRIDAY, 11 OCT 2024
The number of publicly listed companies on the Australian Securities Exchange (ASX) has plummeted over the past year, according to its latest monthly activity report. The ASX saw a decrease of nearly 100 listings over the past year, signalling reduced ...

Netwealth FUA soars, names new chief financial officer

ELIZA BAVIN  |  THURSDAY, 10 OCT 2024
Netwealth has reported a record quarterly increase in funds under administration (FUA) of $7.4 billion bringing total FUA to $95.4 billion thanks to new inflows and positive market movements. Total funds under management (FUM) also rose an impressive ...

Ares buys GCP International in $5.5bn deal

JAMIE WILLIAMSON  |  WEDNESDAY, 9 OCT 2024
Ares Management Corporation will acquire the international business of GLP Capital Partners and certain affiliates, boosting its assets under management (AUM) by $65 billion (US$44bn). The business, known as GCP International, is being bought for $5.5 ...

AFCA consults on revised superannuation death benefits

MATTHEW WAI  |  TUESDAY, 8 OCT 2024
The Australian Financial Complaints Authority (AFCA) is seeking feedback on how it approaches superannuation death benefits in hopes to reduce disputes and misunderstandings when processing such complaints. This follows on from another consultation ...

QIC makes history with $900m sale

ELIZA BAVIN  |  TUESDAY, 8 OCT 2024
... an Australian retail centre. QIC sold Westpoint to Haben and US investment manager Hines, both of which will take a half stake. Financial Standard understands the final sale price was $900 million. QIC town centre fund manager Michael Fattouh said the ...

Regal renews Platinum takeover talks

MATTHEW WAI  |  FRIDAY, 4 OCT 2024
... shown no signs in slowing down its appetite for acquisitions, recently taking over Merricks Capital and gaining a minority stake in Argyle Group. Further, the company garnered substantial funds under management growth, up 41% in the September quarter ...

Under the hood of a top global fundie

ANDREW MCKEAN  |  THURSDAY, 3 OCT 2024
... many prospective firms as possible and highlighting the benefits - ascertaining and understanding their knowledge of GP stake investing, and then explaining to them why we think this is a good opportunity, how this should fit in the private equity portfolio ...

Growthpoint sells down majority stake in six industrial assets

KARREN VERGARA  |  TUESDAY, 1 OCT 2024
NASDAQ-listed alternatives fund manager TPG will acquire a major stake in six assets of Growthpoint Properties Australia's industrial and logistics portfolio. Terms of the agreement will see the US fund manager's subsidiary TPG Angelo Gordon ...

Ontario Teachers', Hines snap up build-to-rent portfolio

ANDREW MCKEAN  |  TUESDAY, 1 OCT 2024
The Ontario Teachers' Pension Plan and global real estate investment manager Hines have acquired two build-to-rent (BTR) properties in Brisbane, comprising 354 units, from ADCO Group. The first property, located at 28 Robertson Street in Fortitude Valley ...