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Showing 701 - 710 of 7574 results for "Deal"

Family offices love software: Report

CHLOE WALKER  |  WEDNESDAY, 17 JAN 2024
... (US$18.2 billion). Computer software and services is also the sector where family offices have the highest share of overall deal value, at 15.6%. However, they also invested significant amounts in the industrial automation and media sectors - in both ...

Former UniSuper chief appointed to CSLR board

ANDREW MCKEAN  |  TUESDAY, 16 JAN 2024
Former UniSuper chief executive Kevin O'Sullivan has been appointed to the Compensation Scheme of Last Resort (CSLR) transitional board as a non-executive director. O'Sullivan steps into the CSLR board role effective immediately, succeeding June Smith ...

BlackRock bags Global Infrastructure Partners for US$12.5bn

ANDREW MCKEAN  |  MONDAY, 15 JAN 2024
BlackRock has struck a deal to acquire Global Infrastructure Partners (GIP) for US$12.5 billion in cash and common stock. The transaction will create an infrastructure private markets investment platform with a combined client assets under management ...

Bragg proposes super fund reforms to protect retail investors

ANDREW MCKEAN  |  WEDNESDAY, 10 JAN 2024
... stakeholders during takeovers and suggested legislative adjustments to enforce a duty of care towards retail shareholders in any deal where a fund holds more than a 5% stake. "There would be new transparency obligations which would bring any dodgy deals ...

Investors livid over fresh portfolio valuation: Mayfair 101

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2024
Mayfair 101 says its noteholders have been left devastated by new sales data that suggests the Mission Beach real estate portfolio has increased in value by as much as $170 million. Mayfair 101 purchased the portfolio of 200-plus properties in 2019. ...

ASIC cracks down on Prospero for reporting failures

CHLOE WALKER  |  WEDNESDAY, 10 JAN 2024
... looking back as far as 1 March 2021. In December, Prospero was requested by ASIC to provide an undertaking promising not to deal with client funds without ASIC's permission. The undertaking is in place until at least February 8 and ASIC said Prospero ...

IG appoints institutional sales manager

ANDREW MCKEAN  |  TUESDAY, 19 DEC 2023
IG Prime, the institutional branch of the trading platform, has appointed Andrew Wood as its institutional sales manager. Wood most recently served for seven years as the head of institutional sales APAC at CMC Markets, based in Sydney. He developed ...

BlackRock grows private credit business

ELIZABETH FRY  |  TUESDAY, 19 DEC 2023
... credit investments in Australia and New Zealand. The recruit will also play an active role in the investment process - from deal structuring and execution to monitoring performance. Allan joins from Nomura, where he spent 13 years running the origination ...

ASIC takes action on EverBlu, director

KARREN VERGARA  |  MONDAY, 18 DEC 2023
ASIC commenced civil penalty proceedings against Adam Blumenthal, the director of investment bank EverBlu Capital, for alleged market rigging and failing in his duties as a director to manage conflicts of interest. The case will also look at Blumenthal's ...

Mitsubishi UFJ Financial Group to acquire Link Group

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... favour of the proposal in the absence of a superior one. It is subject to the independent expert's assessment if the deal is in the best interests of Link shareholders. Last week, Link Fund Solutions finalised the compensation amount of $438 million ...