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Showing 691 - 700 of 6023 results for "credit"

ASIC wins case against crypto exchange Kraken

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
... digital asset or national currency was a deferred debt, and therefore the "margin extension" should be classified as a credit facility. The Federal Court determined that the obligation to repay a digital asset wasn't an obligation to repay money ...

'Opaque asset class' needs regulation: Datt Capital

MATTHEW WAI  |  MONDAY, 26 AUG 2024
The investment manager is advocating for greater regulatory oversight of the private credit sector, pushing for a more secure and transparent investment environment. Labelling the asset class as "opaque," Emanuel Datt, chief investment officer at Datt ...

360 Capital returns to profit in FY24

KARREN VERGARA  |  MONDAY, 26 AUG 2024
... 360 Capital operates two ASX-listed REITs, 360 Capital REIT (TOT) and Mortgage REIT (ASX:TCF), and the unlisted Private Credit Fund (PCF). At the end of FY24, the firm had $55.4 million in co-investments comprising TOT ($50.3m), TCF ($4.4m), and PCF ...

MA Financial eyes growth with Warburg Pincus, Flexicommercial

MATTHEW WAI  |  THURSDAY, 22 AUG 2024
... Australian-first program. A collaboration with Warburg Pincus, announced this morning, will see the launch of a $1 billion Real Estate Credit Vehicle to provide institutional investors access to Australia's real estate credit market. The vehicle has ...

Qualitas shines in FY24, Charter Hall contracts

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
Private credit continued to buoy Qualitas' performance in the 2024 financial year while Charter Hall contracted against a tough real estate sector. Qualitas reported a 46% jump in total funds under management (FUM) to $8.9 billion thanks to several ...

HMC Capital sees earnings soar 57%

ELIZA BAVIN  |  WEDNESDAY, 21 AUG 2024
... management fees, investment gains and performance fees. Over the past 12 months HMC established three new platforms in private credit, energy transition and digital infrastructure. HMC said the newly established private credit platform, which it acquired ...

Channel Capital launches European Private Credit Fund

ANDREW MCKEAN  |  TUESDAY, 20 AUG 2024
Channel Capital has launched the West Street European Private Credit Fund (AUD) for Australian wholesale investors. The asset manager's fund is an open-end unit trust that accesses Goldman Sachs Asset Management's European private credit strategy, which ...

QIC promotes key private equity staff

ELIZABETH FRY  |  MONDAY, 19 AUG 2024
... rejoined QIC in 2023. Before signing up the first time, Jackson worked at Context Capital Management, in San Diego, running credit and equity analysis on prospective and existing portfolio investments and co-managed levered investment grade convertible ...

SEC seeks to shut down $450m Ponzi scheme

JAMIE WILLIAMSON  |  THURSDAY, 15 AUG 2024
... were encouraged to use their savings, including those held in individual retirement accounts (IRA), or take out lines of credit. Instead of delivering the returns promised, the parties made Ponzi-like payments to investors, the SEC alleges. This was ...

Local private debt funds' growth potential 'remains strong': Preqin

ANDREW MCKEAN  |  THURSDAY, 15 AUG 2024
... private capital AUM in the region, "indicating substantial room for further expansion." Regional banks currently dominate credit provision in APAC, accounting for 79% of total credit, but their "conservative lending standards often fail to meet the diverse ...