Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 561 - 570 of 2103 results for "Funding"

Jameson Capital launches fund

ANNABELLE DICKSON  |  WEDNESDAY, 7 JUL 2021
The Melbourne based alternative asset management firm has secured funding from investors to launch a special situations real estate fund. Jameson received $25 million from two European cornerstone investors to launch the fund. The fund will invest into ...

Super funds back space travel

KARREN VERGARA  |  THURSDAY, 1 JUL 2021
... Blackbird and Main Sequence are among the co-investors with the super funds in the latest round of capital raising. Series C funding has raised $61 million. The super funds did not disclose how much they each contributed. Three years ago, the start-up ...

Qantas Super introduces passive option, drops fees

JAMIE WILLIAMSON  |  WEDNESDAY, 30 JUN 2021
... had a surplus of $234 million - about 11% more than what is needed to meet member benefits. Qantas will resume normal funding arrangements from 1 January 2022, with a review of the reduced contributions planned for November.

Cbus invests in NHFIC issues

KANIKA SOOD  |  THURSDAY, 24 JUN 2021
Cbus Super has invested $51 million in two recent funding rounds from the National Housing Finance and Investment Corporation (NHFIC), taking the fund's total allocation to social and affordable housing to about $140 million. Cbus invested $10 million ...

Lumiant raises capital, adds to board

KARREN VERGARA  |  WEDNESDAY, 23 JUN 2021
Fintech Lumiant is seeking more funding as it adds the expertise of two financial advice executives to its board. Jeff Hall will join the Lumiant board as a director after finishing up as chief operating officer of Midwinter in April. Hall's new role ...

Cashwerkz takes stake in boutique, plans rebrand

KANIKA SOOD  |  THURSDAY, 10 JUN 2021
... another five million rights, when its FUM crosses $50 billion and CWZ's share price hits $0.50 per share. Cashwerkz is funding the purchase via a $14 million equity raise. It will spend the remaining on strengthening its responsible entity's ...

Government to strengthen FMI

ANNABELLE DICKSON  |  WEDNESDAY, 9 JUN 2021
... This power will be supported by a $5 billion standing appropriation, with ministerial agreement, to provide temporary funding to a CS facility if that were necessary to ensure continuity of services. Further to this, the reform will improve the supervisory ...

BlackRock wins monumental mandate

ANNABELLE DICKSON  |  THURSDAY, 3 JUN 2021
... last year after COVID-19 impacted air travel. Prior to the deferment, British Airways Pension was already dealing with a funding shortfall of about $4.39 billion, first identified in 2018 valuations. "We are honoured to be entrusted to manage the assets ...

Class action consultation opens

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
Following industry backlash last year, the government is consulting on the recommendations for litigation funding and class actions. The Parliamentary Joint Committee on Corporations and Financial Services Report Litigation funding and the regulation ...

Chief economist update: RBNZ will run out of patience next year

BENJAMIN ONG  |  THURSDAY, 27 MAY 2021
... (RBNZ) kept the official cash rate unchanged at 0.25%, maintained the existing LSAP programme, and retained the existing Funding for Lending Programme (FLP) conditions at its 26 May Board meeting. Same old, same old. The central bank notes that: "The ...