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

Search Results

Showing 641 - 650 of 3751 results for "Acquisition"

16% of asset managers to exit by 2027: PwC

ANDREW MCKEAN  |  MONDAY, 10 JUL 2023
... strategic consolidation with another asset manager in the coming months, indicating a potential surge in merger and acquisition (M&A) activity. "Gaining access to new segments, building market share and mitigating risks will drive deal appetite over ...

Challenger settles real estate unit divestment

KARREN VERGARA  |  MONDAY, 10 JUL 2023
... significant uplift in capability and scale. "Challenger will benefit from both alignment and access to growth via the acquisition of a strategic stake in Elanor, and we are excited to continue to grow the real estate platform together with the Elanor ...

AZ NGA welcomes head of M&A

CASSANDRA BALDINI  |  MONDAY, 10 JUL 2023
AZ Next Generation Advisory (AZ NGA) has appointed Yasemin Onat to lead future mergers and acquisitions. At the same time, Andrew Symes joins as general counsel and company secretary. The firm recently added the role of general counsel role to its standing ...

abrdn's Jollie outlines next steps

ELIZABETH FRY  |  FRIDAY, 7 JUL 2023
... manager, and head of investment operations. He played a lead role in numerous corporate/M&A transactions, including the acquisition of Deutsche Asset Management Australian in 2007, the acquisition of Credit Suisse Asset Management Australia in 2009 ...

Cadence secures $55m for new fund

CHLOE WALKER  |  TUESDAY, 4 JUL 2023
... multi-asset value-add fund, the Cadence Australian Real Estate Partnership I (CAREP), as well as making its first acquisition. The $13.9 million purchase of an industrial site in Melbourne's inner west is set to be the first of many by the newly funded ...

Cromwell, Value Partners group join forces

CHLOE WALKER  |  MONDAY, 3 JUL 2023
Cromwell Property Group (Cromwell) and Hong Kong-based asset manager Value Partners Group have established a joint venture, exchanging on the sale of a 50% stake in the Cromwell Italy Urban Logistics Fund assets. The seven properties that make up the ...

Warakirri buys almond farm

CHLOE WALKER  |  MONDAY, 3 JUL 2023
... portfolio. "We look forward to working with the Bright Light team on this stand-out property," he said. The almond farm acquisition takes the fund's strategy beyond a $100 million portfolio value milestone. In December last year, Warakirri announced ...

Diverger acquires majority interest in private wealth firm

CASSANDRA BALDINI  |  MONDAY, 3 JUL 2023
... like-minded partner, these can be overcome." Meanwhile, Atkinson Saynor Private Wealth adviser David Saynor said the acquisition is the start of the next chapter for the business. "It's exciting to be part of a thriving advice business with a concrete ...

Advice firms merge to create Count Adelaide

CASSANDRA BALDINI  |  WEDNESDAY, 28 JUN 2023
... rebranded from CountPlus, a move endorsed by 99.94% of its shareholders. Following the name change, it also completed the acquisition of Affinia Financial Advisers, growing its adviser network substantially. At the time, Humphrey said the acquisition ...

Australian Unity buys up hospital land

CHLOE WALKER  |  MONDAY, 26 JUN 2023
... Property Trust (AUHPT) has purchased a key land holding located in Melton, Victoria for approximately $15 million. The acquisition of 2 Coach Street, Cobblebank is part of a plan to develop the area into a private hospital, allied healthcare, and retail ...