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Showing 31 - 40 of 59 results for "Aurora Fund"

Aurora finalises Hastings takeover bid

ALEX BURKE  |  MONDAY, 23 OCT 2017
Aurora Funds Management finalised its takeover bid for all ordinary units in the Hastings High Yield (HHY) Fund. Acting as the responsible entity for both the Aurora Global Income Trust (AIB) and HHY, Aurora closed the takeover bid on October 13. The ...

Aurora pushes for Hastings takeover

ALEX BURKE  |  MONDAY, 17 JUL 2017
Aurora Funds Management is extending its takeover bid for all ordinary units in the Hastings High Yield (HHY) Fund. Unitholders will now have until September 29 to consider Aurora's offer. Aurora originally made the bid in November 2016, telling unitholders ...

SIV Asset Management slams bill claim

ALEX BURKE  |  WEDNESDAY, 17 MAY 2017
SIV Asset Management is currently investigating legal options with regards to a $324,000 bill received from a former subsidiary. Aurora Funds Management, which was sold by SIV in early 2015 and later bought by Keybridge Capital - who then sold it just ...

Fund manager appoints new COO

ALEX BURKE  |  THURSDAY, 27 APR 2017
Aurora Funds Management, currently embroiled in an ASIC dispute over its voting power in Molopo Energy, has appointed a new chief operating officer. Ben Norman, previously a director in EY's transaction advisory services business, will take on the role ...

Keybridge disputes board spill allegations

ALEX BURKE  |  TUESDAY, 18 APR 2017
Keybridge Capital strenuously denied that its call to appoint three Keybridge nominees to the board of Molopo Energy constitutes a "board spill." On March 14, Keybridge served a notice to Molopo requesting the latter call a general meeting to allow ...

Keybridge executive director resigns, chair appointed

ALEX BURKE  |  FRIDAY, 14 OCT 2016
Keybridge Capital has appointed a new chair and non-executive director while director Antony Sormann has departed. Jeremy Kriewaldt is currently a partner at Atanaskovic Hartnell, specialising in corporate and commercial law. He was previously a partner ...

Keybridge chair resigns as Wilson calls for Hastings fund overhaul

ALEX BURKE  |  WEDNESDAY, 10 AUG 2016
Keybridge Capital's chair has resigned at the same time Wilson Asset Management has called for the Keybridge-managed HHY Fund to get a new responsible entity. Bill Brown was an independent non-executive director on Keybridge's board since 2012. He was ...

Wilson explains Aurora fund wind-up proposal

ALEX BURKE  |  THURSDAY, 4 AUG 2016
Wilson Asset Management has outlined to unitholders why the HHY fund, managed by Keybridge Capital, should be shut down. Arguing that the "expertise to manage the HHY portfolio promoted to unitholders is no longer at Keybridge," Wilson's letter referred ...

Wilson submits request to shut down Aurora fund

ALEX BURKE  |  WEDNESDAY, 3 AUG 2016
Wilson Asset Management has submitted a request for an extraordinary general meeting to wind up an Aurora Funds Management fund. Aurora is the responsible entity for the HHY Fund, which is designed to give investors exposure to loans and hybrid securities ...

Keybridge exits funds management business

ALEX BURKE  |  TUESDAY, 28 JUN 2016
Keybridge Capital has entered into a binding agreement to sell its funds management business. Seventh Orion, a company registered with ASIC on June 22, will purchase Aurora Funds Management for $1.8 million. Keybridge bought the firm for $4.3 million ...