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Showing 461 - 470 of 2618 results for "Loan"

Apollo expands in Australia, acquires fund manager stake

KARREN VERGARA  |  THURSDAY, 9 SEP 2021
Apollo Global Management announced it will take a 50% stake in an Australian commercial real estate fund manager. New York Stock Exchange-listed Apollo will become part owner of Melbourne-based MaxCap Group but did not disclose how much it paid for ...

Monark Property Partners launches fund

ANNABELLE DICKSON  |  TUESDAY, 7 SEP 2021
... as an open-ended fund investing in senior debt only loans secured against property. The fund has a maximum weight average loan to value ratio of 65% over the portfolio and an initial fund target of $250 million. Monark specialises in providing finance ...

Plan to increase competitiveness of managed funds

ELIZABETH MCARTHUR  |  MONDAY, 30 AUG 2021
The federal government is rolling out its plan to increase the international competitiveness of Australia's managed funds sector. Treasury will begin consultation on finalising its Corporate Collective Investment Vehicles (CCIVs) regime. According to ...

Moelis Australia reports record results

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
... including a 28% in base fees. Corporate advisory revenue was up 16%, and the lending business reported a 160% growth in the loan portfolio. "We are pleased with the broad-based growth across the business during the half. The benefits of our long-term ...

Updated life code released

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 AUG 2021
The Financial Services Council (FSC) released the second draft of the Life Insurance Code of Practice 2.0 for public consultation. The latest draft of the code was released today, incorporating feedback from the first draft's consultation. The FSC has ...

New equality push in investments

ELIZABETH MCARTHUR  |  FRIDAY, 13 AUG 2021
The Financial Services Council is leading a new push for gender equality in investment management. The FSC launched the Women in Investment Management Charter, in a bid to improve female representation in the funds management industry. "The FSC surveyed ...

Alceon launches retail fund

ANNABELLE DICKSON  |  TUESDAY, 10 AUG 2021
... The underlying portfolio of loans are first ranking mortgages held over real property mostly in Melbourne and Sydney. The loan-to-valuation ratio does not exceed 65%. The assets vary between residential construction, residential land and residential ...

Adrian Whittingham back full-time at Pinnacle

KANIKA SOOD  |  MONDAY, 9 AUG 2021
Pinnacle shareholder and director Adrian Whittingham has shelved plans to go part-time and is back at the firm in a new role focused on its international strategy. PNI in December said Whittingham planned to step back from the business to a part-time ...

AustralianSuper appoints head of private credit

KANIKA SOOD  |  WEDNESDAY, 28 JUL 2021
... excess of $100 million. It says it can share positions where it secure a meaningful allocation, but can also do 100% of a loan position. He said the fund can provide borrowers with flexible capital and tailored solutions as it is not a bank or a fund ...

CommIF ups hospital stake

ELIZABETH MCARTHUR  |  MONDAY, 26 JUL 2021
... public-private partnership with the South Australian government. The $2.2 billion refinancing was the world's largest sustainability loan in the healthcare sector, and the largest project finance green and sustainability loan in Australia. The 800-bed ...