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Showing 31 - 40 of 58 results for "Limited Partners"

China awards private fund license to $900bn manager

ALEX BURKE  |  FRIDAY, 14 JUL 2017
A global investment manager representing about $900 billion in assets under management has been granted a private fund management license by the Asset Management Association of China (AMAC). The AMAC license will allow UBS Asset Management to offer ...

GSAM and Deutsche Bank back new PE firm

ALEX BURKE  |  TUESDAY, 4 OCT 2016
Goldman Sachs Asset Management and Deutsche Bank Private Equity have become limited partners in the launch of an independent private equity firm. Stage Capital, newly separated from the National Bank of Greece, will be backed by funds managed by the ...

Agricultural investors create $10 million VC fund

DARREN SNYDER  |  FRIDAY, 16 SEP 2016
A joint agricultural investment initiative between diversified financial services group Findex and the National Farmers' Federation is progressing toward the launch of a $10 million venture capital fund. The fund, created by joint venture SproutX and ...

First clean energy seed fund launched

KERRIE SYDEE  |  MONDAY, 5 SEP 2016
Specialist investment manager, Artesian Venture Partners, has launched Australia's first Clean Energy Seed Fund, which includes a $10 million commitment from the new $1 billion Clean Energy Innovation Fund. The $20 million seed fund will focus on discovering ...

Mercer principal departs for private equity firm

ALEX BURKE  |  THURSDAY, 11 AUG 2016
A Mercer principal on the global private markets consulting team has departed the company. Sarah Azzi joined Mercer in 2012, having been an investment consultant at Sovereign Investment Research prior to that. She has now become an associate director ...

AVCAL calls to relax foreign investment rules

DARREN SNYDER  |  MONDAY, 20 JUN 2016
The Australian Private Equity and Venture Capital Association is calling for a fast-tracked limited partnership vehicle to encourage foreign investment into high-growth businesses. The limited partnership would be part of wider national policy that ...

Budget CIV plan lets Australia export investment expertise

ALEX BURKE  |  TUESDAY, 3 MAY 2016
The Government has announced in its 2016-17 budget that it will introduce new tax and regulatory frameworks to further facilitate foreign access to Australian funds management services. The two new collective investment vehicles (CIVs) introduced in ...

Tax incentives for early stage investors too narrow: KPMG

DARREN SNYDER  |  FRIDAY, 4 MAR 2016
KPMG believes Treasury's policy consultation on tax incentives for early stage investors is unnecessarily restricted and argues unit trusts should also be eligible for the incentives. The firm's submission also raises concerns that investment into innovation ...

New CEO at Board of Taxation

DARREN SNYDER  |  MONDAY, 29 FEB 2016
Federal Treasury has announced an inaugural chief executive role at the Board of Taxation that will lead the work of the secretariat as well as all communication with industry stakeholders. Secretary to the Treasury, John Fraser, announced on Friday ...

Hastings names new UTA portfolio managers

DARREN SNYDER  |  MONDAY, 1 FEB 2016
Westpac subsidiary Hastings Funds Management has appointed two new portfolio managers to the group's largest fund, Utilities Trust of Australia (UTA). Joining Hastings from Flagstaff Partners is Brett Mitsch, who will now be the lead portfolio manager ...