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Showing 41 - 49 of 49 results for "Ares"

AMP valued at $1.85 per share

ELIZA BAVIN  |  MONDAY, 2 NOV 2020
AMP has announced the takeover proposal from Ares Management was at an implied value of $1.85 a share, totaling around $6.35 billion. The offer, disclosed by AMP to the ASX on Friday, is at a 20% premium to the company's most recent closing price ...

Ares bids for AMP

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
AMP has confirmed Ares Management has made an offer to takeover 100% of AMP shares. AMP announced to the ASX that it has received an indicative, non-binding, conditional proposal from US-based Ares Management. The offer is to acquire 100% of the shares ...

New role for former Credit Suisse Australia chief

KANIKA SOOD  |  MONDAY, 28 SEP 2020
Ares Management Corporation has appointed a new chair for Australia and New Zealand for its Ares SSG business, hiring Credit Suisse Australia's former chief executive. John Knox will chair Ares SSG, with the goal of helping drive expansion opportunities ...

US regulator settles with Ares

KANIKA SOOD  |  WEDNESDAY, 27 MAY 2020
Ares Management LLC, which has a joint venture with Challenger's Fidante Partners in Australia via a related company, has paid US$1 million to settle charges alleging it traded in a portfolio company based on non-public information while an employee ...

Investment manager launches income fund

ALLY SELBY  |  TUESDAY, 12 MAY 2020
... set to provide investors with 3-4% in yield per annum. The strategic joint venture between global credit investment manager Ares Management Corporate and multi-boutique asset manager Fidante Partners, Ares Australia Management (AAM), has launched the ...

Macquarie suit to lead Challenger joint venture

KANIKA SOOD  |  THURSDAY, 6 FEB 2020
... Macquarie's Sydney offices, as they appoint an Australia head for their joint venture which is readying a credit fund. Ares Australia Management was set up in October last year as a joint venture between $213 billion Ares Management Corporation and ...

Challenger hires Robeco director

KANIKA SOOD  |  TUESDAY, 12 NOV 2019
... he will undertake the institutional distribution of private markets funds, including Fidante's latest partnership with Ares Management. Penprase has previously worked at Partners Group, and Zurich where he was the head of manager research for retail ...

Fidante signs US alternatives manager

KANIKA SOOD  |  FRIDAY, 4 OCT 2019
... Fidante Partners to market its funds down under, as it sees Australian demand for alternative strategies rise. Los Angeles's Ares Management Corporation manages over US $142 billion across three main businesses: credit, private equity and real estate. ...

IOOF appoints independent reviewer

DARREN SNYDER  |  TUESDAY, 1 JAN 2019
... requires IOOF Holdings to establish a dedicated business function to support its three APRA regulated entity subsidiaries (AREs) including IOOF Investment Management (IIML), Australian Executor Trustees (AET) and IOOF Ltd. IOOF said these subsidiaries ...
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