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Showing 31 - 40 of 85 results for "KKR"

CFS awards platform technology mandate

KARREN VERGARA  |  THURSDAY, 3 FEB 2022
... and over $2 trillion in assets globally," he added. Late last year, Commonwealth Bank relinquished its 55% stake in CFS to KKR. The FirstWrap revamp is the first major project CFS is focusing on under its new majority owner KKR, which injected it with ...

Foreign investment in Australian commercial property hits record high

CHLOE WALKER  |  WEDNESDAY, 15 DEC 2021
... Galeries to a Link REIT/EG Funds partnership. There's also been the $315 million of the Sofitel Wentworth Sydney hotel to KKR, Futuro Capital and Marprop. By total value, industrial and logistics was the most invested in asset class, closely followed ...

CFS extends SimCorp partnership

KARREN VERGARA  |  WEDNESDAY, 15 DEC 2021
... cloud-based data management service, after announcing it received a $430 million funding boost from new major shareholder KKR. The new platform provides investment analytics and helps reduce the growing business risk associated with an increasingly complex ...

KKR appoints APAC growth equity lead

JAMIE WILLIAMSON  |  FRIDAY, 3 DEC 2021
KKR has appointed a head of growth equity in Asia Pacific, a newly created role aimed at accelerating the private equity firm's investment in the region. KKR has hired Mukul Chawla to the role, effective December 9 and based in Asia. Chawla will join ...

CFS targets adviser market

KARREN VERGARA  |  THURSDAY, 2 DEC 2021
... milestone in CBA's strategy to focus on its core banking businesses and to create a simpler and better bank. With our partner KKR, we will support CFS in becoming one of the leading superannuation and investment businesses in Australia, offering ...

CBA receives regulatory approval for CFS sale

CHLOE WALKER  |  TUESDAY, 23 NOV 2021
... approvals have been received for the sale of a 55% interest in Colonial First State (CFS) to leading global investment firm KKR. The transaction is expected to complete on 1 December 2021. CBA first announced the CFS divestment to KKR for $1.7 billion ...

AMP Capital appoints chair, deputy for Private Markets

ELIZABETH MCARTHUR  |  TUESDAY, 12 OCT 2021
... Infrastructure Group, from which he is due to step down following the completion of a scheme of arrangement for a consortium led by KKR and Ontario Teachers' pension fund to take over the business. The appointments are effective November 1 and will ...

CFS reduces premiums

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
... itself as a standalone superannuation and investments business following the sale of a 55% stake to global private equity giant KKR, which is expected to be completed in the coming months. Following completion of the transaction, CFS will be owned by ...

Colonial First State faces penalties for MySuper conduct

KANIKA SOOD  |  WEDNESDAY, 8 SEP 2021
... company said. The matter was a case study in the Royal Commission public hearings. Commonwealth Bank sold a 55% stake in CFS to KKR, in a transaction expected to complete in the coming months. CFS's MySuper product FirstChoice was recently named ...

CFS drops admin fees on FirstChoice Employer Super

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... with membership retirement outcomes at the heart of everything we do." Commonwealth Bank's sale of a 55% stake in CFS to KKR is expected to complete in coming months. As part of the separation, Colonial First State has appointed a new leadership ...